| Details | |||
|---|---|---|---|
| Website | Works Finance (NZ) | ||
| Credit Agency Name | Credit Rating | Outlook | |
| Corporate credit rating(s) | Fitch Ratings | BBB | Stable |
|
Description |
The issuer is a indirectly wholly onwed subsidiary of Downer EDI Limited (Downer). Downer is a leading provider of engineering and infrastructure management services to customers operating in market sectors including Minerals & Metals, Oil & Gas, Power, Road & Rail Infrastructure, Telecommunications and Water. Downer is listed on the Australian Securities Exchange and employs over 21,000 people in Australia, New Zealand, the Asia Pacific region and the United Kingdom. At 31 December 2010, Downer had over $20 billion of work-in-hand. Downer is committed to designing, constructing and maintaining the best solutions for its customers while focusing on the safety of its employees and the sustainability of the communities in which it operates. Downer is committed to its goal of Zero Harm. Downer’s business divisions work collaboratively to provide customers with tailored solutions. The corporate credit rating listed below is Downer's. |