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Research Update: CIR 'BBB-/A-3' Ratings On Watch Negative On Plans To Spin Off Non Media Assets Product Image

Research Update: CIR 'BBB-/A-3' Ratings On Watch Negative On Plans To Spin Off Non Media Assets

  • Published: August 2008
  • Standard & Poors

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.

Abstract
On Aug. 1, 2008, Standard & Poor's Ratings Services put its 'BBB-/A-3' long- and short-term corporate credit and all debt ratings on Italy-based holding company CIR-Compagnie Industriali Riunite SpA on CreditWatch with negative implications, following the group's announcement yesterday that it will spin off READ MORE >

CIR-Compagnie Industriali Riunite SpA,Gruppo Editoriale L'Espresso SpA

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