News

Flurry of finance company ratings continues

Friday 26th of February 2010

Broadlands chief executive Rudi Kats says he is "very pleased" with the rating "at this time given that a number of New Zealand's foremost finance companies are only one notch higher"

S&P says the outlook is negative due to the company's "vulnerable liquidity".

More than half of its outstanding retail debentures are maturing in the coming 12 months, and its cash position in pa...

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