S&P Global Ratings on March 27 revised the outlook on London Stock Exchange Group Plc and majority-owned subsidiaries LCH Ltd. and LCH SA to positive from stable.

The agency affirmed LSE Group's long- and short-term issuer credit ratings at A-/A-2 and its long-term senior unsecured debt rating at A-. The LCH entities' issuer credit ratings were also affirmed at A+/A-1.

The outlook revision reflects S&P's view that LSE Group's creditworthiness is benefiting from its diversification into fast-growing market segments. The positive outlook reflects the agency's expectation that LSE Group will achieve strong cash flow generation and an improving EBITDA margin during the next two years.

This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings, a separately managed division of S&P Global. Descriptions in this news article were not prepared by S&P Global Ratings. The original S&P Global Ratings documents referred to in this news brief can be found here.