DR - Finance companies

S&P keeps South Canterbury's BB rating and negative credit watch

Thursday 6th of May 2010

S&P confirmed SCF's current status, a BB rating with negative credit watch, which gives the finance company a 50:50 chance of being downgraded over the next three months, with "SCF's ability to deal with this liquidity and refinancing risk to become clearer by the end of May 2010."  

By the end of May, "we'll be able to observe and assess the company's success in further buildin...

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