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Home » S&P maintains PPC sub-par rating
Companies & Markets

S&P maintains PPC sub-par rating

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S&P Global (S&P) this week maintained a sub-par rating of BBB for PPC due to persistent macroeconomic risks in Zimbabwe, among a number of challenges facing the cement producer. The announcement comes as PPC has terminated its rating service agreement with the American market intelligence giant after completing the repayment of its Bond Programme. “The…

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