Aug 31 - Standard & Poor's Ratings Services said today that its ratings and CreditWatch
placements on London Stock Exchange Group PLC (LSEG; A-/Watch Neg/A-2) and LCH.Clearnet
Group Ltd. (LCH.Clearnet; A+/Watch Neg/A-1) remain unchanged pending the expected
completion of the acquisition by LSEG of a majority stake in LCH.Clearnet in
the fourth quarter. The transaction has been approved by shareholders, but
remains subject to approval by regulators and anti-trust authorities.
As we noted in previous statements, we see potential negative implications
from the transaction for the ratings on both groups (see Related Research
below). There have been no new developments since May 28, 2012, and we
continue to expect to update the market late in the third quarter on our views
of the rating implications of the acquisition.
-- LCH.Clearnet Group 'A+/A-1' Ratings Remain On CreditWatch Negative On
Potential Acquisition By LSE Group, May 28, 2012
-- London Stock Exchange Group 'A-' L-T Rating Maintained On CreditWatch
Negative On Potential LCH.Clearnet Acquisition, May 28, 2012