Delek Group hit by major credit rating downgrade

Moody's subsidiary Midroog casts doubt on company's ability to repay debt, a view Delek calls irresponsible and unprofessional

Under pressure: Yitzhak Tshuva, controlling shareholder of Delek Group
Under pressure: Yitzhak Tshuva, controlling shareholder of Delek GroupPhoto: DELEK GROUP
Published 25 March 2020, 18:21Updated 25 March 2020, 18:21