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3i Group PLC - London-based private equity and venture capital company - Moody’s Investors Service assigns a Baa1 rating to the company’s proposed new €500 million senior unsecured notes. All existing ratings of 3i remain unaffected. The outlook is stable. Moody’s says the Baa1 issuer rating reflects the firm’s ‘conservative balance sheet and prudent liquidity management, low leverage, and proven track record of investment and asset management.’ Current stock price: 1,973.50 pence 12-month change: up 59% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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