Moody’s, S&P regard St Barbara actions favourably

<
13 July 2015

 

St Barbara recently repurchased US$54m of the 8.875% April 2018 notes it issued in March 2013. The purchases took place in two tranches and resulted Moody’s placing the company credit watch “positive”. Similarly, S&P recently revised St Barbara’s outlook from negative to stable on the back of the company’s “improving operating performance” and the debt buy-back.

read full story