New direction for Wgtn Council but credit rating unlikely to change
Wellington City Council is likely to retain its "AA" credit rating even as it takes a more active role in economic development.
International ratings agency Standard & Poor’s says Wellington City Council is heading in a new direction by playing a stronger role in economic development and it expects debt levels to rise, but not enough to threaten the council’s “AA” credit rating.
Last week, S&P reaffirmed the council’s
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Jenny Ruth
Tue, 24 Nov 2015
Tue, 24 Nov 2015
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New direction for Wgtn Council but credit rating unlikely to change
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