NEW YORK, Oct. 4, 2017 /PRNewswire/ -- S&P Dow Jones
Indices will make the following changes in the S&P 500 and S&P SmallCap 600 indices:
- Norwegian Cruise Line Holdings Ltd. (NASD: NCLH) will replace Level 3 Communications Inc. (NYSE: LVLT) in the S&P 500
effective before the open of trading on Friday, October 13. S&P 500 constituent CenturyLink
Inc. (NYSE: CTL) is acquiring Level 3 Communications in a deal expected to be completed on or about that date pending final
approvals. Post acquisition, CenturyLink will change its Global Industry Classification Standard (GICS) Sub-Industry group from
Integrated Telecommunication Services to Alternative Carriers.
- Pacific Premier Bancorp Inc. (NASD: PPBI) will replace Parkway Inc. (NYSE: PKY) in the S&P SmallCap 600 effective
before the open of trading on Thursday, October 12. Canada Pension Investment Board is acquiring
Parkway in a deal expected to be completed on or about that date pending final approvals.
Norwegian Cruise Line Holdings operates as a cruise company. Headquartered in Miami,
FL, the company will be added to the S&P 500 GICS Hotels, Resorts & Cruise Lines Sub-Industry index.
Pacific Premier Bancorp provides banking services to businesses, professionals, real estate investors, and non-profit
organizations. Headquartered in Irvine, CA, the company will be added to the S&P SmallCap
600 GICS Regional Banks Sub-Industry index.
Following is a summary of the changes:
|
S&P SMALLCAP 600 INDEX – OCTOBER 12, 2017
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Pacific Premier
Bancorp
|
Financials
|
Regional Banks
|
|
DELETED
|
Parkway
|
Real Estate
|
Office REITs
|
|
|
|
S&P 500 INDEX – OCTOBER 13, 2017
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Norwegian
Cruise Line
|
Consumer Discretionary
|
Hotels, Resorts & Cruise
Lines
|
|
DELETED
|
Level 3
Communications
|
Telecommunication Services
|
Alternative Carriers
|
For more information about S&P Dow Jones Indices, please visit www.spdji.com .
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FOR MORE INFORMATION:
S&P Dow Jones Indices
index_services@spglobal.com
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com
Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spglobal.com
Luke Shane
North America Communications
New York, USA
(+1) 212 438 8184
luke.shane@spglobal.com
Haw-Yan Man
EMEA Communications
London, UK
(+44) 207 176 3023
haw-yan.man@spglobal.com
Cecilia Ho
Asia Pacific Communications
Hong Kong, HK
(+852) 2532 8061
cecilia.ho@spglobal.com
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SOURCE S&P Dow Jones Indices