News
Downer may have to pay higher interest on Works Finance bonds
Thursday 24th of February 2011
Yesterday, Downer acknowledged speculation about a potential capital raising and "confirms it has been considering a range of capital management options" but says no decisions have been made yet.
It is promising an update next Monday.
In late January, international ratings agency Fitch put Downer's "BBB-" credit rating, the lowest level qualifying as investment grade, on negative...
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