DOW 0.87% $5.71 downer edi limited

Equity raising a...

  1. asf
    9,888 Posts.
    Equity raising a possiblity:

    http://www.theaustralian.com.au/business/opinion/downer-edi-equity-raising-possible/story-e6frg9io-1225995476026

    Also, this part is important, from the above article:

    "Ratings Agency Fitch put the company?s BBB negative rating on negative watch this morning -- the lowest investment grade rating -- so a move into junk bond status would require an equity top up."



 
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