CAPITAL MARKETS

Rio cops Moody's downgrade

MOODY'S Investors Service has downgraded Rio Tinto's ratings in the wake of a "fundamental downward shift" in the mining sector.

Kristie Batten
Rio cops Moody's downgrade

Following the review initiated on January 21, Moody’s has lowered Rio’s senior unsecured ratings to Baa1 from A3 with a negative outlook. “This rating action reflects Moody's view that there has been...

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