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Prospect News home > News index > List of issuers Y > Headlines for Yell Group plc > News item |
S&P downgrades Yell
Standard & Poor's said it lowered the corporate credit rating on Yell Group plc to CCC+ from B-.
The outlook remains negative.
"We believe Yell is likely to breach one specific covenant within the next few quarters, absent any remedies," S&P analyst Carlo Castelli noted in a statement.
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