
News
Marac gets a bit of a lift from S&P
Wednesday 11th of August 2010
The ratings agency has affirmed its BB+/B issuer credit ratings on the New Zealand finance company.
"The rating affirmation recognizes MARAC's stabilised asset quality position, which had previously come under pressure from the challenging domestic operating environment," Standard & Poor's credit analyst Derryl D'silva said. "The affirmation also reflects MARAC's adequate liquidity p...
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