Euronext: S&P upgrades credit rating
(CercleFinance.com) - Euronext announces that S&P has upgraded its credit rating from 'BBB+, positive outlook' to 'A-, stable outlook', reflecting the completion of the integration of Borsa Italiana, the successful expansion of Euronext Clearing and continued deleveraging.
We have continued our deleveraging trajectory, going from 3.2x net debt to EBITDA at the closing of the Borsa Italiana acquisition, to 1.5x at the end of Q3 2024, it said.
In the meantime, we have continued to return capital to our shareholders, notably through our E300m share buyback program, launched in November 2024, management continues.
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We have continued our deleveraging trajectory, going from 3.2x net debt to EBITDA at the closing of the Borsa Italiana acquisition, to 1.5x at the end of Q3 2024, it said.
In the meantime, we have continued to return capital to our shareholders, notably through our E300m share buyback program, launched in November 2024, management continues.
Copyright (c) 2025 CercleFinance.com. All rights reserved.