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Published on 7/5/2016 in the Prospect News Investment Grade Daily.

S&P could lower Maersk

S&P said it placed A.P. Moller - Maersk A/S’ BBB+ long-term counterparty credit rating and the BBB+ rating on its senior unsecured debt on CreditWatch with negative implications.

The CreditWatch placement follows Maersk's announcement that it will conduct a strategic and structural review of its business set-up.

The agency understands that this review could result in the disposal of one or several of Maersk's main business units, such as container shipping, exploration and production, drilling or terminal.


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