Tuesday 21 November 2017

S&P eases Irish ratings

RATING agency Standard & Poor's have removed Bord Gais, ESB and the Dublin Airport Authority from credit watch.

The semi-State organisations have been moved from "negative-watch" to negative by the ratings agency.

The changes were announced as part of a revision by Standard & Poor's of its ratings and outlooks on Government-related entities in the euro zone. They had been placed on credit watch with negative implications on December 8.

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