Moody’s changes Citadel Securities view to positive

Moody’s Investors Service said it changed the outlook to positive from stable and affirmed Citadel Securities LP’s Ba1 issuer and senior secured bank credit facility ratings.

Moody’s also changed the outlooks to positive and affirmed the Baa3 issuer ratings of Citadel Securities LLC, Citadel Securities (Europe) Ltd. and Citadel Securities GCS (Ireland) Ltd.

“Moody’s said the outlooks were changed to positive from stable to reflect the resiliency of CSLP’s financial profile and improvements to its funding profile, particularly from the retention of a significant portion of its earnings. The firm’s resiliency is founded on its strong corporate culture committed to maintaining a highly effective risk management and controls’ framework through a period of significant growth,” Moody’s said in a press release.

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