Standard & Poor’s affirms New Zealand Post rating and outlook
Standard & Poor’s Rating Services has affirmed its ‘A+/A-1’ issuer credit and related debt issue ratings on New Zealand Post Limited (NZ Post). The outlook on the long term rating remains negative.
At the same time, Standard & Poor’s lowered its rating on New Zealand Post Group Finance Limited’s subordinated hybrid notes to ‘BB+’ from ‘A-’.
Complete Standard & Poor’s ratings information is available to RatingsDirect subscribers on the Standard & Poor’s Global Credit Portal.