--- title: "S&P Says Raised Our Long-Term Issuer Credit Rating On Credit Suisse Group AG To 'A-' From 'Bbb-'" description: "June 12 (Reuters) -" type: "news" locale: "en" url: "https://longbridge.com/en/news/89952531.md" published_at: "2023-06-12T08:11:34.000Z" --- # S&P Says Raised Our Long-Term Issuer Credit Rating On Credit Suisse Group AG To 'A-' From 'Bbb-' > June 12 (Reuters) - June 12 (Reuters) - - S&P - VARIOUS RATING ACTIONS TAKEN ON CREDIT SUISSE AND UBS GROUP ENTITIES AFTER MERGER COMPLETION - S&P - RAISED OUR LONG-TERM ISSUER CREDIT RATING ON CREDIT SUISSE GROUP AG TO ‘A-’ FROM ‘BBB-’ - S&P - ASSESS CREDIT SUISSE’S RATED EUROPEAN AND U.S. OPERATING COMPANIES HIGHLY STRATEGIC TO UBS; THEREFORE UPGRADED ENTITIES TO ‘A/A-1’ FROM ‘A-/A-2’ - S&P SAYS WITHDREW THE RATINGS ON CREDIT SUISSE GROUP AG’S RATED DEBT ISSUANCE PROGRAMS, EXCEPT THE SENIOR UNSECURED DEBT INSTRUMENTS - S&P - THE EXECUTION RISK FROM THE INTEGRATION AND RESTRUCTURING OF CREDIT SUISSE IS THE MAIN CONSIDERATION FOR OUR RATINGS ON UBS GROUP AG Source text: \[here Further company coverage: (CSGN.S) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Credit Spreads May Get A Rude Awakening From Stock Correlation | Authored by Simon White, Bloomberg macro strategist,Becalmed credit spreads would move abruptly higher if stocks experie | [Link](https://longbridge.com/en/news/276469020.md) | | Gold prospecting tips and techniques you need to know for success | Explore the best gold prospecting techniques with expert tips and insights to help you strike gold! Discover methods tha | [Link](https://longbridge.com/en/news/276205208.md) | | Despite rate cuts last year, many CDs are still paying 4% and up. Here’s why | 6 financial pros on why some competitive CD rates are holding strong | [Link](https://longbridge.com/en/news/276358591.md) | | Stock Of The Day: Will Alphabet Break Its Downtrend? | Alphabet Inc. (GOOGL) shares are showing signs of a potential uptrend after breaking a downtrend and reaching a signific | [Link](https://longbridge.com/en/news/276466584.md) | | Crestwood Advisors Group LLC Has $86.29 Million Stock Position in Alphabet Inc. $GOOG | Crestwood Advisors Group LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 2.7% in Q3, now holding 354,287 shares | [Link](https://longbridge.com/en/news/276508759.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.