Fitch: Higher commodity prices lower leverage for Australian corporates

The US-based Fitch Ratings said in its latest report, “stable-to-higher commodity-price assumptions are driving market expectations for further improvement in the aggregate credit profile of Australia’s top-100 listed non-financial corporates (Fitch ASX100 portfolio) over the financial years ending June 2018 to 2019 (FY18-FY19).” Additional Findings: “Higher overall EBITDA stemming from the favorable commodity price environment […]

The post Fitch: Higher commodity prices lower leverage for Australian corporates appeared first on Forex Crunch.

Add a Comment