General Announcement::Fonterra - Notice of Change to Credit Rating

Issuer & Securities

Issuer/ Manager
FONTERRA CO-OPERATIVE GROUP LIMITED
Securities
FONTERRA CNY1B4%N200622 - XS1245414336 - 31QB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
22-Oct-2015 13:54:15
Status
New
Announcement Sub Title
Fonterra - Notice of Change to Credit Rating
Announcement Reference
SG151022OTHR3RON
Submitted By (Co./ Ind. Name)
Issuer Services
Designation
SGX-ST
Description (Please provide a detailed description of the event in the box below)
Fitch Ratings announced that it had lowered Fonterra s long-term Issuer Default Rating and senior unsecured rating to A from AA- and Fonterra s short term Issuer Default Rating to F1 from F1+. It has also lowered Fonterra subordinated debt rating to A- from A+. The outlook is stable.

Attachments

Fonterra notifies Fitch Ratings review .pdf
Total size =122K

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