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S&P: Elster on CreditWatch, negative
Standard & Poor's said it placed the BB- corporate credit rating of Elster Group SE on CreditWatch with negative implications.
At the same time, S&P placed the BB- issue rating on CreditWatch with negative implications.
"The CreditWatch listings indicate the potential for a downgrade should future developments lead to an increase in the company's financial risk," S&P credit analyst Carol Hom said in a news release.
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