TSX:TECK.A - Post by User
Comment by
VOKBLVRon Mar 09, 2017 9:13am
431 Views
Post# 25956126
RE:Fitch Upgrades Teck's IDR to 'BB'; Outlook Positive 3.8.17
RE:Fitch Upgrades Teck's IDR to 'BB'; Outlook Positive 3.8.17Nice report and because of the date of the rating it puts Teck one notch below investment grade but I would expect a further rerate fairly soon-once the dividend is declared and the first quarter earnings are released. Two more ratings to come-Moodys and the S&P) lets see who is the first to raise Teck to investment grade.