S&P upgrades its outlook for CMA CGM

Credit rating agency Standard & Poor's upgrades its credit assessment of French container line CMA CGM from 'negative' to 'positive'. The rating of the company's debt is reaffirmed at 'B+'.


French container line CMA CGM has improved its financial results so much this year that Standard & Poor's (S&P) now upgrades its long-term rating of the company from 'negative' to 'positive'.

The rating for CMA CGM's debt, however, is reaffirmed at 'B+', states a press release from S&P.

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