MTL - Reborn Capital Empire - v2 Chapter 747 Matrix of Rating Downgrades

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... talks. And the reason for unilaterally admitting failure is that Matrix's debt ratio is too high, which aroused the concern of Conscart's management about Matrix's solvency. In addition , I got a call from Fitch and they asked us about Matrix's financials based on information released by Comscart. Despite my repeated assurances that the company is profitable, cash flow rich and has sufficient debt servicing capacity. But they still Downgraded Matrix's rating."

The debt of the matrix comp ...

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