March 26, 2020 / 6:24 AM / 12 days ago

BRIEF-S&P Global Ratings Says Virgin Australia Downgraded To 'CCC' On Fleet Grounding

March 26 (Reuters) - S&P Global Ratings:

* S&P GLOBAL RATINGS SAYS VIRGIN AUSTRALIA HOLDINGS DOWNGRADED TO ‘CCC’ ON FLEET GROUNDING

* S&P GLOBAL RATINGS SAYS LOWERED RATINGS ON VIRGIN AUSTRALIA TO REFLECT VIEW THAT CO’S CASH OUTFLOW AND LIQUIDITY PRESSURES HAVE INTENSIFIED Further company coverage:

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