London, 28 September 2015 -- Moody's Investors Service, ("Moody's") has today downgraded by one notch the corporate family rating (CFR) and the probability of default rating (PDR) of First Quantum Minerals Ltd (FQM) to B2 and B2-PD, respectively. Concurrently, the rating agency has downgraded the ratings on all of the senior unsecured notes issued by FQM to B3 from B2. The outlook on all ratings is negative.
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