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Prospect News home > News index > List of issuers E > Headlines for Edgewood Partners Insurance Center Inc. > News item |
S&P might lower Edgewood
S&P said it placed all ratings on Edgewood Partners Insurance Center Inc., including its B long-term corporate credit rating, on CreditWatch with negative implications.
The CreditWatch placement follows Edgewood’s announcement that it reached a definitive agreement with private equity sponsor, Oak Hill Capital Partners. The deal will give the new owner a majority stake in Edgewood.
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