Quintis Ltd. Ratings Discontinued

Stocks and Financial Services Press Releases Wednesday February 14, 2018 09:45
MELBOURNE--14 Feb--S&P Global Ratings

MELBOURNE (S&P Global Ratings) Feb. 14, 2018--S&P Global Ratings today discontinued its 'D' rating on Quintis Ltd., an Australian sandalwood plantation company. On Sept. 1, 2017, we lowered the rating on Quintis to 'D' after the company had missed its interest payment on its US$250 million notes in August 2017. Quintis appointed receivers and administrators in late January 2018.


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