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Research Update: Italy-Based CIR-Compagnie Industriali Riunite Outlook Revised To Negative; 'BB/B' Ratings Affirmed

  • ID: 1723887
  • July 2010
  • Standard & Poors
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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.

In our opinion, challenges faced by Compagnie Industriali Riunite SpA's (CIR) power utility subsidiary may further weaken the quality of CIR's investment portfolio, weigh on the estimated value of its portfolio, and affect its loan-to-value ratio. We are revising our outlook on CIR to negative from stable and READ MORE >

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

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