Corporate and M&A

S&P rates Decathlon A-2

2021-07-30T07:50:00

Decathlon

S&P gave Decathlon a short-term issuer rating of A-2 because the French retailer’s performance exceeded the rating agency’s 2020 expectations. S&P was also pleased with the apparent recovery in the Decathlon’s chief markets, thanks to relaxed lockdowns, and with management’s preservation of cash and protection of credit metrics.

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