
DR - Finance companies
Oxford Finance gets investment grade rating
Tuesday 20th of October 2009
The rating agency gave the Horowhenua-based finance company a BBB- long-term corporate credit rating and an A-3 short-term rating with a stable outlook, based on Electra's "explicit and implicit support" for Oxford Finance.
"Similar to other New Zealand finance companies, funding is considered a weakness for Oxford Finance Corp. due to concerns about its ability to maintain investor conf...
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