S&P assigns A+ to LCH

S&P said it assigned A+/A-1 long- and short-term issuer credit ratings to LCH Ltd. and Banque Centrale de Compensation SA (LCH SA).

The outlook is stable.

“We rate these entities above majority owner London Stock Exchange Group plc because we see LCH as a strong, lightly leveraged and insulated subgroup of LSEG,” S&P said in a news release.

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