CRH rating downgraded

Ratings agency Moody’s has downgraded its outlook on Ireland-based CRH from neutral to negative. The organisation has said that it has changed the rating because of the company’s €3.95billion debts and a drop in share price of 17% in a single day following publication of its first half results.
March 30, 2012 Read time: 1 min

Ratings agency 4446 Moody's has downgraded its outlook on Ireland-based 723 CRH from neutral to negative. The organisation has said that it has changed the rating because of the company’s €3.95billion debts and a drop in share price of 17% in a single day following publication of its first half results.

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