New Zealand Post outlook revised to ‘stable’ by S&P
Standard & Poor’s Rating Services has revised its rating outlook on New Zealand Post Limited (NZ Post) to stable from negative. It has also affirmed its ‘A+/A-1’ ratings on NZ Post and its related debt issues and programmes.
At the same time, Standard & Poor’s affirmed its ‘BB+’ rating on New Zealand Post Group Finance Limited’s subordinated hybrid notes.
Complete Standard & Poor’s ratings information is available to RatingsDirect subscribers on the Standard & Poor’s Global Credit Portal.