| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers S > Headlines for SNC-Lavalin Group Inc > News item |
S&P places SNC-Lavalin on CreditWatch
S&P said it placed SNC-Lavalin Group Inc.’s BBB- ratings on CreditWatch negative.
A profit warning, the third this year, by the company triggered the move, S&P said in a news release.
“We believe SNC is likely to report earnings and cash flow well below our previous expectations for 2019 and potentially in 2020,” S&P said.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.