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Credit blow to builders

Language: English Series: New Builder ; (112) 16 January 1992, 13(1)Publication details: 1992Subject(s): Summary: In a report issued to major banks and investors, credit rating group IBCA, disclosed that the contractors Tarmac, Bovis and Costain`s credit gradings had been marked down as doubts created by their foundering finances raised question marks over their ability to repay loans.

In a report issued to major banks and investors, credit rating group IBCA, disclosed that the contractors Tarmac, Bovis and Costain`s credit gradings had been marked down as doubts created by their foundering finances raised question marks over their ability to repay loans.