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Lithuania's Maxima Grupė Receives BB+ Credit Rating: S&P

Published on Jul 18 2018 3:15 PM in Retail tagged: Trending Posts / Maxima Grupė / S&P / credit rating / Standard & Poor's

Lithuania's Maxima Grupė Receives BB+ Credit Rating: S&P

Lithuanian retail chain Maxima Grupė has received a BB+ credit rating with a stable perspective from Standard & Poor’s (S&P). It is the highest speculative grade available to market participants.

Maxima Grupė is the first private company in the Baltic region to receive such a rating, and it is the highest-rated retailer among others in Europe of similar size, with an annual revenue of approximately €4 billion.

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