S&P places IPC on CreditWatch
Standard & Poor's Rating Services (S&P) has assigned its 'BBB+' counterparty credit rating to IPC Holdings and placed the rating on CreditWatch with negative implications.
At the same time, S&P assigned its preliminary 'BBB+' senior debt, 'BBB' subordinated debt, and 'BBB-' preferred stock ratings to IPC Holdings (IPCR) recently filed $1.25bn universal shelf and placedOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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