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Fitch upgrades Groupama's IFS rating to 'BBB'; outlook positive-Reuters


Monday, 10 Feb 2014 07:00pm EST 

Groupama SA:Fitch Ratings has upgraded Groupama S.A.'s and its core subsidiaries' Insurer Financial Strength (IFS) ratings to 'BBB' from 'BBB-'-Reuters.Groupama SA's Issuer Default Rating (IDR) has also been upgraded to 'BBB-' from 'BB+.The Outlooks on the IDR and IFS ratings have also been revised to Positive from Stable.The subordinated debt instruments issued by Groupama SA have been upgraded to 'BB' from 'BB-. 

Company Quote

0.35
-0.01 -2.78%
20 Oct 2014