Fitch Rates TP ICAP's Bond 'BBB-(EXP)'
(The following statement was released by the rating agency)
LONDON, January 19 (Fitch) Fitch Ratings has assigned TP ICAP
plc's (TP ICAP)
senior unsecured GBP bond issue an expected rating of
assignment of the final rating is contingent on the receipt of
conforming to information already received.
Fitch expects the bond proceeds to be used to refinance a
GBP470m drawing on a
debt facility that had been put in place to finance the
acquisition of NEX Group