Cell C slams credit ratings by Moody's

However, Hedberg said Cell C was far from defaulting on its repayment, and this week it would pay R300 million towards servicing the loan. It would use part of the R500 million loan from Nedbank that it secured in 2005 to pay the debt.
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:confused::confused::confused:

I tried a similar strategy with my bank manager. Basically she told me to f@#ck off... I COULD NOT extend my overdraft to cover my credit credit card. In fact what my credit card had was a limit, not a target
:D
 
McSack said:
I tried a similar strategy with my bank manager. Basically she told me to f@#ck off... I COULD NOT extend my overdraft to cover my credit credit card. In fact what my credit card had was a limit, not a target
:D
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True, they are talking in millions not in thousands! :D
 
Yeah that's hardly gonna give Moodys the impression they were wrong
 
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