CAPITAL MARKETS

Improved outlook for Newcrest

MOODY’S Investors Service has lifted the outlook for Newcrest Mining to positive from stable due to the company’s stronger balance sheet.

Kristie Batten
Improved outlook for Newcrest

The agency affirmed Newcrest’s ratings at Baa3. “The change in the outlook on the ratings to positive from stable reflects the material debt reduction the company has achieved on the back of a higher...

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