Everything Mining Industry Country Focus How to Guide
Intelligence on industry and mining

S&P’s downgrades Cell C’s rating again

Creamer Media Online Writer
Ratings agency Standard & Poors’ Global Ratings (S&P’s) has downgraded telecoms operator Cell C’s debt rating to ‘CC’ and its partial debt restructuring to ‘SD’. This followed after Cell C amended the terms of its R1.4-billion private airtime facility agreement to delay the timing of selected repayments.

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register