Market News / Story
Titan SA (TITAN) Upgraded by S&P to BBB-, Stable Outlook
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S&P Global Ratings upgraded Titan SA’s long-term issuer credit rating to BBB- from BB+, assigning a Stable Outlook. The move cites strong operating performance, prudent financial policy, resilient cash flow and balance sheet strength. Material Details #DetailAI Analyst View1S&P rating raised to BBB- from BB+Crosses into investment grade, typically lowering borrowing costs and widening investor base.2Stable Outlook assigned by S&PSignals low near-term downgrade risk,…