Genpact's business risk profile is "satisfactory," given the company's good competitive position and strong profitability. We view Genpact's financial risk profile as "modest" after adjusting for surplus cash. We continue to see some risk from potential higher outflows due to larger-than-expected acquisitions or shareholder distributions. We are raising our long-term corporate credit rating on Genpact and the rating on its senior secured guaranteed facilities to 'BBB-'. We are removing the ratings from CreditWatch. The stable outlook on Genpact reflects our expectation that the BPO company will maintain its competitive position and above-average profitability with no large acquisitions or shareholder distributions in 2014. SINGAPORE (Standard&Poor's) Dec. 20, 2013--Standard&Poor's Ratings Services today raised its long-term corporate credit rating
