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UK Fintech Revolut Expected to Issue Debt in 2027, S&P Says

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UK Fintech Revolut Expected to Issue Debt in 2027, S&P Says UK digital bank Revolut Ltd. is expected to tap investors for debt next year and build a buffer to absorb potential losses, according to a report from S&P Global Ratings. S&P has given Revolut an investment-grade rating of BBB+, the ratings firm said in a report on Thursday. The grade is its first from a ratings firm, as it seeks to expand outside of its home market of the UK.

UK Fintech Revolut Expected to Issue Debt in 2027, S&P Says UK digital bank Revolut Ltd. is expected to tap investors for debt next year and build a buffer to absorb potential losses, according to a report from S&P Global Ratings. S&P has given Revolut an investment-grade rating of BBB+, the ratings firm said in a report on Thursday. The grade is its first from a ratings firm, as it seeks to expand outside of its home market of the UK.
UK (LOCATION) S&P (ORG) UK Fintech Revolut Expected (ORG) digital bank Revolut Ltd. (ORG) S&P Global Ratings (ORG) Revolut (ORG)
Originally published by Bloomberg Technology Read original →