CI Financial sells 20% stake in U.S. business
Proceeds of $1.34-billion deal will pay down debt
Source: advisor.ca
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S&P cuts CI Financial's credit rating to junk
Following CI's request to withdraw coverage, S&P dropped its rating for the asset manager
Source: advisor.ca
S&P cuts CI Financial's credit rating to junk | Investment Executive
Following CI's request to withdraw coverage, S&P dropped its rating for the asset manager
Source: investmentexecutive.com
CI Financial cut to junk after asking S&P to suspend ratings
The downgrade shows rising concern about CI's debt, much of it incurred to pay for acquisitions of U.S. registered investment advisory firms.
Source: financial-planning.com
CI Financial cut to junk by S&P before firm drops coverage
CI Financial Corp was cut to junk by S+P Global Ratings before the credit firm withdrew its ratings at the asset manager’s request. Read on.
Source: financialpost.com