While credit ratings firm Moody’s has kept JSE-listed Bidvest’s investment rating at Baa2 for the local currency global scale long-term outlook, it has changed the outlook to negative. However, it also kept the company’s Prime-2 short-term issuer ratings as well as affirmed its Aa1.za national scale long-term and Prime-1.za short-term issuer ratings.
Source: www.engineeringnews.co.za
Moody’s retains Bidvest’s investment rating, outlook negative
