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Prospect News home > News index > List of issuers A > Headlines for American First Financial Group Inc. > News item |
S&P gives American First notes B-
Standard & Poor's said it assigned its B- issuer credit rating on American First Financial Group Inc.
The outlook is stable.
The agency also assigned a B- issue rating on American First Financial's proposed issuance of $55 million of senior unsecured notes.
"Our rating on AFFG balances its geographic and business concentration against its strategy of acquiring smaller regional originators, which helps the company diversify its revenues," S&P credit analyst Stephen Lynch said in a news release.
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