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 Analysts eye Old Republic upgrades following buyout news
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Industry News, Market Data
Thursday, May 24, 2012
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The partial leverage buyout news from Old Republic International — part
of its plan to reduce the troubles caused by its consumer credit
indemnity product and its mortgage guaranty division — has created a
groundswell of positivity among credit rating analysts. Moody’s
Investors Service and Fitch Ratings are both reviewing possible upgrades
on the debt of Old Republic International (ORI), which only means good
things for the holding company’s outlook and all of its subsidiaries.
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