S&P downgrades 3i
Ratings agency Standard & Poor’s has downgraded the UK private equity firm’s credit rating from A- to BBB+, citing a “negative” outlook for the firm amid a sharp rise in leverage and a drop in liquidity.
Ratings agency Standard & Poor’s has downgraded the UK private equity firm’s credit rating from A- to BBB+, citing a “negative” outlook for the firm amid a sharp rise in leverage and a drop in liquidity.
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