Fonterra acknowledges Fitch Ratings review
05 February 2021
Fonterra acknowledges Fitch Ratings review
Fonterra Co-operative Group Limited (Fonterra) has been notified that credit agency Fitch Ratings has
affirmed its long-term issuer default rating at ‘A’ and has revised its rating outlook for the Co-operative
from ‘Negative’ to ‘Stable’.
Chief Financial Officer Marc Rivers says “this reflects the Co-op’s progress following our strategic review
and, in particular, the work we’ve done to improve our balance sheet over the last few years.”
-ENDS-
For further information contact:
Simon Till
Director Capital Markets
Phone: +64 21 777807
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