E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/5/2013 in the Prospect News Investment Grade Daily.

S&P rates CME Group notes AA-

Standard & Poor's said it assigned an AA- senior unsecured debt rating on CME Group Inc.'s upcoming issuance of $750 million of notes due in 2043.

The proceeds will be used to prefund the upcoming maturity of $750 million 5.75% notes due in February 2014.

Based on the company's adjusted total debt of $2.1 billion, S&P said it estimates debt leverage is 1.03x, which is comfortable at the current ratings.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.