Sat, Jan 29, 2022
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Research

SMRT triple-A credit rating not affected by Temasek’s buyout offer, says S&P

Posted on 22 July 2016

S&P Global Ratings said on Thursday (July 21) that its credit rating on SMRT is not affected by the Temasek Holdings buyout offer for the rail and bus operator.
“Our rating already incorporates a very strong link between the company and its majority owner, the Government of Singapore, through Temasek, which is unlikely to change even if the company becomes a wholly owned subsidiary,” said S&P, which rates SMRT as triple-A with a stable outlook………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
January 2022
M T W T F S S
« Nov    
 12
3456789
10111213141516
17181920212223
24252627282930
31