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S&P Reduces U.S. Central Rating to 'AA+' from AAA; Moody's December Report Cited Sandlot Funding LLC

Standard & Poor's rating agency recently lowered U.S Central's long-term debt rating to AA+, its second highest, from AAA, its highest. The new rating assignment was "prompted by S&P's concern over values of mortgage-related securities in U.S. Central's investment portfolio," according to U.S. Central.

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LENEXA, Kansas — Standard & Poor’s rating agency recently lowered U.S Central’s long-term debt rating to AA+, its second highest, from AAA, its highest. The new rating assignment was “prompted by S&P’s concern over values of mortgage-related securities in U.S. Central’s investment portfolio,” according to U.S. Central.

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