BREAKING: Why no RNS from Victoria as its credit rating downgraded?
By Tom Winnifrith | Tuesday 14 November 2023
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
On October 5th the credit rating agency Fitch was unwise enough to reaffirm the credit rating of downing in debt and red flags carpets rill up Victoria (VCP). Victoria responded by screaming about the news in an RNS. Today…
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