News

Cymbis put on negative credit watch

Sunday 2nd of December 2007
Fitch says it has put Queensland-based Cymbis Finance Australia (CFAL) on negative watch over its B long and short-term credit ratings, on concern C+M's failure could hurt the company.

"Although domiciled in different countries, the owners of CFAL and C+M are linked and there is a degree of operational interaction between the companies," Fitch said.

"Both businesses operate similar bus...

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