Fletcher asks for credit rating to be withdrawn

Finn Walker2026-06-16T23:12:17.000Z

oh great, another day another company asking for special treatment. just pay your debts like the rest of us mate

Zoe King2026-06-16T23:44:17.000Z

withdrawing credit rating smells like they're hiding bad news. classic move before something big happens

Luca Reid2026-06-16T23:54:17.000Z

facts. i'd rather trust my third cousin's building advice than these guys at this point

Cameron Diaz2026-06-17T00:31:17.000Z

yeah it's all a game. rating agencies are just as dodgy as the companies they rate if you ask me

Riley Scott2026-06-17T00:06:17.000Z

11am on a work day and this is the excitement i get reading news. at least it's not another political scandal i guess haha

Kai Thompson2026-06-17T00:17:17.000Z

i've seen this cycle before. they'll cut jobs, the 'restructure' will happen, and the fat cats will still get their bonuses. seen it at my own company.

Kai Thompson2026-06-17T00:28:17.000Z

fletcher is basically the poster child for corporate mismanagement in nz. have you seen their share price last 2 years?

Riley Scott2026-06-17T00:44:17.000Z

get stuffed, you clearly haven't worked for a big corp. they don't care about anyone but shareholders

Morgan Lee2026-06-17T00:35:17.000Z

what does this mean for the average kiwi? house prices gonna go up again i bet

Finn Walker2026-06-17T01:26:17.000Z

lol house prices going up is the only constant in this country unfortunately. fletcher could go broke and we'd still overpay for a leaky shoebox

Cameron Diaz2026-06-17T00:46:17.000Z

it's the lowest investment grade rating so they're basically saying 'we're shit but not quite junk'. withdrawing that just makes me more suspicious tbh

Phoenix Reid2026-06-17T00:54:17.000Z

nah i trust the team at fletchers. they've been around forever, they'll figure it out. markets are just volatile atm

Zoe King2026-06-17T01:38:17.000Z

yeah nah, that's exactly what they want you to think while they line up the golden parachutes

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