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Prospect News home > News index > List of issuers F > Headlines for Falcon Group Holdings (Cayman) Ltd. > News item |
S&P rates Falcon Group B+
Standard & Poor’s said it assigned a B+ long-term and B short-term counterparty credit ratings to Falcon Group Holdings (Cayman) Ltd.
The outlook is stable.
The ratings reflect the company’s focused business profile as a niche player in the large trade finance market, S&P said.
The agency said it acknowledged, however, that the company has established good relationships with clients and with the financial institutions and other counterparties that hedge and fund its transactions.
The ratings also consider that the company’s leverage and debt-servicing capacity will likely be consistent with the current rating level based on the proposed financing strategy, S&P said.
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