|Bid||1,070.50 x 0|
|Ask||1,071.00 x 0|
|Day's Range||1,056.75 - 1,074.50|
|52 Week Range||7.95 - 1,189.00|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||8.38|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The transaction represents the sixth dividend paid since the company was acquired by 3i Group plc (3i, Baa1 stable) and funds advised by 3i in 2011. The dividend is linked to an equity re-organization event announced on 14th November by 3i. Following the transaction 3i managed and advised vehicles remain the majority shareholder of Action.
European stocks slipped on Thursday on concern over the state of U.S.-China trade talks as data showed a stagnating economy in Germany.
Moody's Investors Service ("Moody's") affirmed Q Holding Company's (Q) B3 Corporate Family Rating (CFR). It also upgraded the Probability of Default Rating to B3-PD from Caa1-PD. Concurrently, Moody's assigned a B3 rating to the company's proposed first lien credit facilities, consisting of a $25 million revolver and a $275 million term loan.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of 3i Group plc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Investors Service, ("Moody's") has today affirmed the Baa1 issuer rating of 3i Group plc ("3i" or "the company"), a UK headquartered private equity firm focusing on private equity and infrastructure. 3i's Baa1 rating is supported by its (1) limited outstanding debt, (2) conservative financial policies, (3) proven track record of investment and asset management, (4) high cash levels and, (5) solid mid-market private equity franchise.
LONDON (Reuters) - British private equity company 3I Group (III.L) said on Thursday that its net asset value rose 3.4 percent in the three months to the end of December, boosted by portfolio companies ...