S&P affirms London Stock Exchange

S&P said it affirmed its A-/A-2 long- and short-term issuer credit ratings on London Stock Exchange Group plc.

The outlook is positive.

At the same time, the agency affirmed the A+/A-1 issuer credit ratings on its majority-owned subsidiaries, LCH Ltd. and Banque Centrale de Compensation SA, which trades as LCH SA.

In addition, S&P affirmed the A- issue ratings on London Stock Exchange's long-term senior unsecured debt and the A-2 short-term issue rating on its euro commercial paper program.

“The rating affirmations and unchanged positive outlooks reflect our view that LSEG's creditworthiness is continuing to improve thanks to its diversification into fast-growing market segments – particularly clearing, indices and data services,” the agency said in a news release.

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