Qantas debt no longer “junk”

17 November 2015

 

Qantas has not paid a dividend since 2009 but after a corporate restructure, a return to profitability and repayment of some debt, the airline has regained some of it investment lustre by regain its “investment grade” credit rating. The rating agency Standard & Poors has upped the company’s credit rating from BB+ to BBB-, the lowest investment grade credit rating in the S & P definitions. While the BBB- rating...

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