Ascot Group Limited announced that S&P Global Ratings [S&P] has raised its long-term issuer credit rating for Ascot to BBB+ from BBB on its strengthened capital position. A spokesperson said, “S&P has also assigned an ‘A’ long-term financial strength rating to Ascot’s core operating entity, Ascot Bermuda Limited. “S&P’s rationale in support of the ratings […]