Blue Square-Israel (BSI) Confirms S&P Notice of Credit Watch Negative
More News related to BSI
- Blue Square Announces a Public Offering of Debentures on the Tel Aviv Stock Exchange by its Subsidiary (78.45%) Blue Square Real Estate Ltd. ("BSRE")
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- Blue Square Announces Change in Holdings in its Controlling Shareholder and Change in Directors
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Blue Square-Israel Ltd. (NYSE: BSI) has received from Standard & Poor's Maalot notice that the AA rating report of the debentures issued by Blue Square on August 2003 is on Credit Watch Negative.
Standard & Poor's said the action reflects the possible implications of the planned reorganization for the company and subsidiaries, which may affect the credit rating, as well as the erosion of the company's financial position during 2008.
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