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FLETCHER BUILDING LIMITED — Capital/Financing Update 2024
Sep 26, 2024
64902_rns_2024-09-26_51f8a9ee-d9ec-43f5-8f4c-8cfa9ce9af5a.pdf
Capital/Financing Update
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Moody’s affirms FBU Baa3 ratings, changes outlook to stable
Auckland, 27 September 2024: Fletcher Building Limited (the “Company”) has been notified that credit rating agency Moody’s Ratings has affirmed the Company’s Baa3 credit rating and revised the outlook from negative to stable. This amendment also applies to the rating for the Company’s medium-term note (MTN) program.
Fletcher Building incoming CEO Andrew Reding said: “The Company is pleased with the revision of the rating to a stable outlook, and remains committed to the credit metrics which underpin our original rating of Baa2 on a stable outlook.”
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Authorised by: Haydn Wong Company Secretary
For further information please contact:
MEDIA
Christian May General Manager – Corporate Affairs +64 21 305 398 [email protected]
INVESTORS AND ANALYSTS
Aleida White Head of Investor Relations +64 21 155 8837 [email protected]
Fletcher Building Limited, Private Bag 92114, Auckland 1142, 810 Great South Road, Penrose, Auckland 1061, New Zealand