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Published on 8/15/2019 in the Prospect News Emerging Markets Daily.

S&P changes Leader Invest view to stable

S&P said it revised Leader Invest’s outlook to stable from positive on Etalon Group’s plan to buy the 49% of the company it doesn’t own.

“The stable outlook reflects our expectation that the integration of Leader in Etalon Group will progress successfully, allowing Leader to maintain adjusted debt to EBITDA below 4.0x,” said S&P in a press release.

S&P affirmed its B rating for Leader.


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