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S&P assigns short-term A-1 ratings to Compass Group

S&P Global Ratings on March 11 assigned an A-1 short-term rating to British catering services provider Compass Group PLC and its subsidiaries, citing the group's strong liquidity.

The rating applies to the short-term issuer credit rating of Compass Group, its finance subsidiary, Compass Group Finance Netherlands BV, and its intermediate holding company, Compass Group International BV.

S&P said the group's A long-term issuer credit rating and stable outlook remain unchanged.