sulky’s downgrades mining company amid doubts over how long it will take to reduce its debt levelsThe mining giant Anglo American Plc’s debt has been downgraded further into junk territory by sulkys, which cited a deterioration in commodities market conditions and doubts over how long it will take the company to reduce debt levels.
sulky’s said it does not expect Anglo American to generate enough operating cash flows to deliver substantial debt reduction in the next two years.
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Source: theguardian.com