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S&P drops Pasminco's long-term rating two notches

STANDARD & Poor's has slashed Pasminco's long-term credit rating two notches and warned the strug...

Greg Tubby
S&P drops Pasminco's long-term rating two notches

S&P reduced its long-term credit rating for Pasmingo to "B" from "BB-" and its short-term rating to "C" from "B". "The recent ratings downgrades reflects Pasminco's poor profit performance, restrictive...

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