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TCAP - TP ICAP News Story

345p 4.4  1.3%

Last Trade - 4:42pm

Sector
Financials
Size
Mid Cap
Market Cap £1.92bn
Enterprise Value £2.03bn
Revenue £1.78bn
Position in Universe 293rd / 1826

BRIEF-TP ICAP Comments On Moody's Press Release

Tue 29th January, 2019 2:18pm
Jan 29 (Reuters) - TP ICAP PLC  TCAPI.L :
    * STATEMENT RE PRESS RELEASE
    * NOTES PRESS RELEASE DATED JAN 28 ISSUED BY MOODY'S
INVESTOR
SERVICE
    * COMPANY HAS NOT HAD ANY ENGAGEMENT WITH MOODY'S WITH
REGARDS TO
CREDIT RATING REFERENCED IN RELEASE
    * COMPANY DISAGREES WITH MOODY'S ASSUMPTIONS CONTAINED IN
RELEASE
IN RELATION TO LEVERAGE AND INTEREST EXPENSE
    * TP ICAP - CO "DOES NOT BELIEVE THAT RELEASE AFFECTS ITS
CREDIT
WORTHINESS WITH ITS CLIENTS AND COUNTERPARTIES"
    * DOES NOT BELIEVE THAT MOODY'S RELEASE HAS A NEGATIVE
IMPACT ON
COMPANY'S DEBT OBLIGATIONS

Source text for Eikon:  ID:nRSc4369Oa 
Further company coverage:  TCAPI.L 

 ((Reuters.Briefs@thomsonreuters.com;))
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