You are here


NZ dairy giant Fonterra at risk of credit downgrade, says S&P


STANDARD and Poor's said on Thursday New Zealand's Fonterra, the world's largest dairy exporter, was at risk of a credit downgrade due to its high debt levels and a global price slump, concerns the cooperative said it is already addressing.

The ratings agency's move...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to