Fitch credit rating agency has downgraded its rating on bonds issued by New Zealand Farming Systems Uruguay from A- to BBB.
NZ Farming Systems issued $US30 million of long term bonds in July last year to raise funds to develop its farms.
Fitch credit rating agency has downgraded its rating on bonds issued by New Zealand Farming Systems Uruguay from A- to BBB.
NZ Farming Systems issued $US30 million of long term bonds in July last year to raise funds to develop its farms.