
News
Vision put into the high risk category
Friday 26th of February 2010
Mezzanine property-development financier Vision Securities has been assigned a B rating by S&P and been put onto a negative outlook.
"Our ratings on VSL reflect its business profile as a New Zealand mezzanine property-development financier," Standard & Poor's credit analyst Peter Sikora said. "We regard this as a high-risk lending category. The ratings also reflect...
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