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  ITM ENTREPRISES company press release from 18/11/2024 - SP Global Rating Assigns Long-Term Investment-Grade Credit Rating ('BBB-'/Negative) to ITM Entreprises, the Operational Holding of Groupement Les Mousquetaires

  18/11/2024 - 09:55

SP Global Rating Assigns Long-Term Investment-Grade Credit Rating ('BBB-'/Negative) to ITM Entreprises, the Operational Holding of Groupement Les Mousquetaires


Groupement Les Mousquetaires, through its holding ITM Entreprises, has been assigned a 'BBB-' Long Term Credit rating by S&P

Groupement Les Mousquetaires, a grocery, do-it-yourself and mobility retail group formed by the supply cooperative ITM Entreprises and more than 4,000 independent retail stores, has been assigned a 'BBB-' with a negative outlook from S&P. The affirmation of Groupement les Mousquetaires' investment quality will further improve its access to debt capital markets and optimize its financing costs.

The rating report published by S&P is available on the Issuer's website (www.mousquetaires.com/investisseurs/) and on S&P's website (www.spglobal.com/ratings/en).

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  Original Source: ITM ENTREPRISES