Standard & Poor’s Ratings Services (S&P) has rated Fonterra, A- / Outlook stable
Fitch Australia Pty Limited (Fitch) has rated Fonterra, A / Outlook stable
Fonterra has Retail Bonds and Capital Notes on the issue and listed on the New Zealand Stock Exchange Debt Market (NZDX). To buy or sell Retail Bonds / Capital Notes, please contact your broker.
Retails Bonds have been rated the same as the Company by both S&P and Fitch. Capital Notes which are subordinate to other Fonterra debt issued are rated BBB+ by S&P and A- by Fitch.