NZ Farming Systems Uruguay Limited - Fitch Rating Update

NZ Farming Systems Uruguay Limited Ordinary Shares | 10:38 am, 4 Nov

NZS
0.400
0.000
(0.00%)
Market Announcement
Type:CREDIT

NZ Farming Systems Uruguay Limited - Fitch Rating Update

NZ Farming Systems Uruguay (NZS)- Fitch Rating Update

Following NZS’ announcement of its results for the 2008/09 financial year, Fitch Ratings has conducted a routine update review of the credit rating for the company’s NZFSU I Financial Trust, and confirmed there is no change to the current A- (UY) rating. The Trust was established to support the company’s recent bond issue in Uruguay, with the issue of US$30m of long term bonds in July for development of the company’s farms.

For further information:

Michael Thomas
0274 161 316