Marks & Spencer’s credit rating has been upgraded from “junk” to “investment grade” as the high street stalwart’s turnaround propels it back into the ranks of Britain’s top flight companies.
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Marks & Spencer’s credit rating has been upgraded from “junk” to “investment grade” as the high street stalwart’s turnaround propels it back into the ranks of Britain’s top flight companies.
Neill Keaney, an analyst with CreditSights, said: “Taxpayers will rightly ask why Iceland claims it can’t afford to repay, given it generated more cash in nine months than the previous…
Matalan has £480m of bonds in issue, with £350m maturing in 2023 and £130m in 2024. It has fully drawn its £50m of credit facilities. CreditSights analyst Neill Keaney said a more…