S&P: 3i outlook stable

Standard & Poor's said it revised the outlook on 3i Group plc to stable from negative and affirmed its BBB+/A-2 long- and short-term counterparty credit ratings.

"The outlook revision reflects the fact that 3i has significantly reduced net debt and our expectation that it will persist with its more conservative approach to leverage," S&P analyst Nigel Greenwood said in a statement.

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