Moody’s rates Citadel Securities loan Ba1

Moody's Investors Service said it assigned Ba1 long-term issuer and senior secured bank credit facility ratings to Citadel Securities LP and assigned a Baa3 long-term issuer rating to Citadel Securities LLC.

Moody's also affirmed Citadel Securities (Europe) Ltd.'s Baa3 long-term issuer rating.

The outlooks are stable.

“Citadel Securities has a strongly profitable track record as the leading electronic market maker in U.S. retail cash equities and equity options, with an expanding international presence and is further diversifying into fixed income products,” the agency said in a news release.

“It benefits from demonstrated capabilities to efficiently tap into new and adjacent revenue pools and establish itself as a strong player within a relatively short period of time, and generally has a larger scale and more diverse revenue streams compared with other electronic trading firms.”

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