Australia: Ramsay downgraded by Fitch and confirms phase 2 of RSD sale

Ramsay Health Care has had its credit rating downgraded by Fitch. It has also revealed that a select number of  parties are now in a phase 2 due diligence process regarding the sale of Ramsay Sime Darby (RSD), its Asian 50:50 JV with Malaysia conglomerate Sime Darby. Fitch downgraded the Australian private healthcare operator’s credit…