S&P downgrades 3i
Ratings agency Standard & Poor’s has downgraded the UK private equity firm’s credit rating from A- to BBB+, citing a “negative” outlook for the firm amid a sharp rise in leverage and a drop in liquidity.
8 February 2013•2 mins read
Ratings agency Standard & Poor’s has downgraded the UK private equity firm’s credit rating from A- to BBB+, citing a “negative” outlook for the firm amid a sharp rise in leverage and a drop in liquidity.