S&P Gives Quantum Minerals B+ Rating

Reuters reported Standar Poor’s Credit Agency has lowered First Quantum Minerals’ (TSX:FM,LSE:FQM) rating to a “B+.”

As quoted in the market news:

Standard & Poor’s Ratings Services assigned its ‘B+’ long-term corporate credit rating to Canada-listed base metals producer First Quantum Minerals Ltd. (FQM) and its ‘B+’ issue rating to the company’s proposed $350 million unsecured notes. The outlook is stable.