Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers 3 > Headlines for 3i Group plc > News item |
Moody’s assigns 3i Group notes Baa1
Moody’s Investors Service said it assigned a Baa1 rating to 3i Group plc’s new proposed senior unsecured notes and affirmed the company’s Baa1 issuer rating and the Baa1 ratings on 3i’s outstanding senior unsecured notes.
Proceeds will be used for general corporate purposes.
The agency changed the outlook to negative from stable.
“The change in the company’s outlook to negative from stable reflects the expected impact the economic downturn prompted by the coronavirus pandemic will have on 3i’s performance,” Moody’s said in a press release.
© 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.