GE Loses Its Triple-A Rating from S&P

The rating agency downgraded the conglomerate's debt to AA+, citing increasing pressures on GE Capital

On Mar. 12, Standard & Poor's Ratings Services lowered its long-term ratings on General Electric Co. (GE) and units, including General Electric Capital Corp. (GECC), by one notch to AA+ from AAA. S&P affirmed the A-1+ short-term credit ratings. The outlook is stable.

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