S&P Global Ratings Maalot Upgrades Sapiens Series B Debentures Rating From "Ila+" With A Stable Outlook, To "Ilaa-" With A Stable Outlook (Local Scale)
S&P Global Ratings Maalot Upgrades Sapiens Series B Debentures Rating From "Ila+" With A Stable Outlook, To "Ilaa-" With A Stable Outlook (Local Scale)
06/28/22, 5:33 AM
Round Type
series b
Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Ma'alot S&P Global (a part of the global rating firm Standard & Poor's Financial Services LLC) ("S&P") upgraded the rating for its Series B Debentures from "ilA+" to "ilAA-" (on local scaling), with a stable outlook.