Standard & Poor’s (S&P) has published a report confirming CIMIC Group’s issuer credit rating as ‘BBB-/A-3’ with stable outlook.
S&P states: “CIMIC is considering a potential listing of Ventia. Importantly, we do not expect any selldown of Ventia to affect CIMIC's credit profile materially. The company should deploy proceeds raised in a manner consistent with the current rating.”
The S&P announcement can be found here.
S&P states: “CIMIC is considering a potential listing of Ventia. Importantly, we do not expect any selldown of Ventia to affect CIMIC's credit profile materially. The company should deploy proceeds raised in a manner consistent with the current rating.”
The S&P announcement can be found here.