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View Full Version : Eskom Is ‘Close to' Securing This Year's Borrowings, Chief Says - Bloomberg



NewsWhore
04-21-2009, 11:30 AM
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Eskom Is ‘Close to&#39; Securing This Year&#39;s Borrowings, Chief Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaM96fVReGU1A%26refer%3Dafrica&cid=1338077630&ei=SejtSbKJJofi7APtibD-Cw&usg=AFQjCNHuMT-0Rn3bgFpck7JT3DtJ_y6OAg)
Bloomberg
Moody&#39;s Investors Service cut Eskom&#39;s foreign-currency credit rating by three levels to Baa2 after the utility failed to secure a 61 percent increase. The company&#39;s credit rating is “under threat,” the CEO said. Fitch Ratings said Feb. ...


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