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S&P rates CME Index Services unsecured AA
Standard & Poor's said it assigned its AA senior unsecured debt rating to CME Group Index Services LLC adding that it is not assigning a counterparty credit rating or outlook.
According to the agency, the company is a joint venture that is 90% owned by CME Group Inc. and 10% owned by Dow Jones & Co. Inc., and with this joint venture, CME Group Inc. is effectively acquiring a majority interest in the Dow Jones index business.
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