Tesco Plc Supermarkets As Ratings Agencies May Reduce Credit Rating

A sign sits on the roof of a Tesco Extra supermarket store, operated by Tesco Plc, in the Surrey Quays district of London, U.K., on Thursday, Sept. 25, 2014. Tesco may be reduced by more than one credit level, taking it into speculative grade, if the findings of a probe into the accounting errors prompt the ratings company to lower its assessment of Tesco's management and governance to "weak," Standard & Poor's said yesterday. Photographer: Matthew Lloyd/Bloomberg via Getty Images
A sign sits on the roof of a Tesco Extra supermarket store, operated by Tesco Plc, in the Surrey Quays district of London, U.K., on Thursday, Sept. 25, 2014. Tesco may be reduced by more than one credit level, taking it into speculative grade, if the findings of a probe into the accounting errors prompt the ratings company to lower its assessment of Tesco's management and governance to "weak," Standard & Poor's said yesterday. Photographer: Matthew Lloyd/Bloomberg via Getty Images
Tesco Plc Supermarkets As Ratings Agencies May Reduce Credit Rating
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Bloomberg / Contributor
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456128838
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Bloomberg
Date created:
25 September, 2014
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UK TESCO PLC
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