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
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- FCG — Fonterra Co-operative Group Limited: Fonterra acknowledges Fitch Ratings review2021-02-05
“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…”
- FCG — Fonterra Co-operative Group Limited: Fonterra reports a positive half year result2021-03-16
“Fonterra Co-operative Group Page 1 Results for Announcement to the Market Results for announcement to the market Name of issuer Fonterra Co-operative Group Limited Reporting Period 6 months to 31 January 2021 Previous Reporting Period 6 months to 31 January 2020 Currency…”
- FCG — Fonterra Co-operative Group Limited: FSF Annual Meeting materials2020-11-08
“FONTERRA SHAREHOLDERS’ FUND ANNUAL MEETING 9 NOVEMBER 2020 FSF MANAGEMENT COMPANY CHAIRMAN’S ADDRESS Fonterra’s performance has improved this year, and as a result, so has the performance of the Fonterra Shareholders’ Fund. 2020 has been a challenging year for businesses a…”