News

Equitable keeps its S&P rating

Thursday 11th of September 2008
This means there are some factors which could lead to a decrease in ratings.

“The negative outlook implies roughly a one-in-three chance of a rating downgrade,” the agency says. “In other words, the most likely scenario (the two-in-three chance) is that our ratings…will remain at the BB+ level.”

"Equitable's non-performing assets have increased to a higher level than our expectations at...

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