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S&P hedges its bets on GFNZ's rating
Wednesday 17th of July 2013
The agency has placed its 'CCC' long-term issuer credit rating on GFNZ, formerky Geneva Finance, on CreditWatch with positive implications.
Its 'C' short-term issuer credit rating on GFNZ has been affirmed.
"We placed the ratings on CreditWatch with positive implications because we expect GFNZ's new funding arrangements to improve the company's liquidity profile, which is our key...
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