FirstGroup counts cost of ratings struggle
FirstGroup, the UK transport firm, was this week left counting the cost of hanging on to its investment grade rating after a 30% share price fall after announcement which left ECM specialists away from the deal aghast.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts