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Published on 6/23/2011 in the Prospect News Investment Grade Daily.

S&P affirms CME notes

Standard & Poor's said it affirmed CME Group Inc.'s AA/A-1+ counterparty credit rating and the ratings on $612.5 million of 4.4% notes due 2018 issued by CME Group Index Services LLC that CME Group guarantees.

The agency also said it removed the ratings from CreditWatch negative, where they were placed in March.

The outlook is negative.

The affirmation reflects CME Group's dominant position as the marketplace for trading and clearing a diverse set of listed futures and options on futures in the United States, S&P said.

The company's own financial strength, including its strong cash-flow generation and ample capacity for servicing outstanding debt, support the ratings, the agency said.


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