Speedcast International Limited (ASX: SDA) notifies to the stakeholders that the recent downgrade in the credit rating from B to B- by the S&P Global does not directly impact the funding costs of the company.
- SDA mentioned that the company continues to pursue a range of operational initiatives to improve its cost profile, working capital and cash flow performance.
- The company is also taking initiatives to improve the group’s financial position.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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