Fitch Downgrades Anglo American to Junk; Outlook Negative
Source: BFW (Bloomberg First Word)
Tickers
AAL LN (Anglo American PLC)
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UUID: 7947283
(Bloomberg) -- Fitch Ratings cuts Anglo American’s assessment to BB+ from BBB-, co. says in statement.
Alert: HALISTER- “The reduced scale of the group together with the current weak credit metrics and uncertainty related to the timing and execution of the restructuring plan/asset sales are more commensurate with a ‘BB’ category rating”
Source: BFW (Bloomberg First Word)
Tickers
AAL LN (Anglo American PLC)
To de-activate this alert, click here
UUID: 7947283