Skip to main content

S&P downgrades Virgin Australia to CC

S&P Global Ratings has lowered its credit rating on Virgin Australia to CC from CCC, saying it expects the company's unsecured debt providers will be forced to accept less value than they are owed as part of the company's debt restructuring process. Via news.com.au — Australia’s #1 news site https://www.news.com.au
Labels:

Comments

Post a Comment

Popular posts from this blog

Deadly heat wave slams Canada, US

Millions of people in western Canada and the northwestern United States were under heat alerts Wednesday as the region baked in record-breaking temperatures and police reported scores of deaths likely linked to the scorching conditions. Via news.com.au — Australia’s leading news site https://www.news.com.au
Post a Comment
Read more