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GFNZ to release new prospectus; S&P puts it on negative credit watch
Tuesday 5th of June 2012
Managing director David O'Connell says the company is "certainly optimistic" it will be able to attract new funding.
GFNZ's plans were revealed in a press release from international ratings agency Standard & Poor's which has placed the company's "CCC-" credit rating on negative watch pending a funding deal with its 19.9% shareholder Federal Pacific Group being completed.
S&...
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