Asia/Pacific

S&P confirms BB+ rating for Qantas

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S&P confirms BB+ rating for Qantas

Ratings agency Standard & Poor’s has affirmed its BB+ long-term issue rating and removed its creditwatch with negative implications on Qantas Airways. The agency has assigned a recovery rating of '3', indicating its expectation of meaningful (50%-70%) recovery for creditors in the event of a p...

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