
News
Double hit for Hanover
Friday 25th of July 2008
Fitch says it has downgraded Hanover from a BB+ to C and placed the firm on Rating Watch Negative.It says that the changes follow the company's move to suspend interest and principal repayments.
Hanover is primarily funded by retail debentures and has been adversely affected by a slide in retail investor confidence in the finance company sector and, more recently, a decline in property pr...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.
Latest News
3 min read
2 min read
3 min read
3 min read
3 min read
Latest Comments