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Define Credit Ratings News

TEXT-S&P: Central Garden and Pet ratings unaffected by add-on - Reuters


TEXT-S&P: Central Garden and Pet ratings unaffected by add-on
Reuters
Feb 8 - Standard & Poor's Ratings Services said today that it is maintaining its ratings, including its 'B+' corporate credit rating, 'BB' senior secured debt rating, and 'B' senior subordinated debt rating, on Walnut Creek, Calif.

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TEXT-S&P takes rating actions on Rockwood Specialities Group Inc - Reuters


TEXT-S&P takes rating actions on Rockwood Specialities Group Inc
Reuters
We are raising our corporate credit rating on Rockwood to 'BB+' from 'BB' to reflect the company's strengthened leverage-related metrics and our expectations that it will be able to at least maintain current financial performance.

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TEXT-S&P revises Slovenia BICRA to Group 6 from Group 5 - Reuters


TEXT-S&P revises Slovenia BICRA to Group 6 from Group 5
Reuters
(The following statement was released by the rating agency) Feb 08 - OVERVIEW -- Standard & Poor's lowered its sovereign credit ratings on the Republic of Slovenia to 'A+/A-1' from 'AA-/A-1+' on Jan. 13, 2012. The outlook on the long-term rating is ...

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TEXT-S&P cuts Comstock Resources - Reuters


TEXT-S&P cuts Comstock Resources
Reuters
As a result, we are lowering our corporate credit rating on Comstock to 'B+' and our rating on its senior unsecured debt to 'B' (the recovery rating is '5'). -- Our negative outlook reflects the company's "less-than-adequate" liquidity and the ...

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TEXT-S&P cuts Spain's Red Electrica to 'A+/A-1' - Reuters


TEXT-S&P cuts Spain's Red Electrica to 'A+/A-1'
Reuters
13, 2012, we lowered our long-term sovereign rating on the Kingdom of Spain to 'A' from 'AA-', assigned a negative outlook, and removed the rating from CreditWatch negative. -- In our view, Spanish power grid operator Red Electrica Corporacion's credit ...

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TEXT-S&P affirms American Petroleum Tankers 'B-' rating - Reuters


TEXT-S&P affirms American Petroleum Tankers 'B-' rating
Reuters
We are affirming our 'B-' long-term corporate credit rating on the company and our 'B+' rating on its $285 million first-lien notes. -- The stable outlook reflects our expectation that the company will maintain its time-charter coverage and continue to ...

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TEXT-Fitch rates Freeport-McMoRan Copper & Gold proposed notes - Reuters


TEXT-Fitch rates Freeport-McMoRan Copper & Gold proposed notes
Reuters
Our 'BBB' rating and stable outlook on Freeport reflect the combination of what we consider its "satisfactory" business risk and "modest" financial risk profiles, as our criteria define the terms. Freeport is the world's second-largest copper producer, ...

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TEXT-S&P assigns Constellation Brands preliminary 'BB+' rating - Reuters


TEXT-S&P assigns Constellation Brands preliminary 'BB+' rating
Reuters
The corporate credit rating on Constellation Brands is 'BB+', with a stable outlook. The rating reflects our "satisfactory" business risk profile assessment (as our criteria define the term), which benefits from the company's historically strong cash ...

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TEXT-S&P rates Express Scripts snr unsecured notes - Reuters


TEXT-S&P rates Express Scripts snr unsecured notes
Reuters
The 'BBB+' corporate credit rating reflects Express Scripts' "satisfactory" business risk profile (as our criteria define the term), which is supported by its solid position in the growing PBM industry, the long-term trends toward generic and ...

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TEXT-S&P rates Noble Corp proposed notes 'BBB+' - Reuters


TEXT-S&P rates Noble Corp proposed notes 'BBB+'
Reuters
Noble intends to use the net proceeds from this offering to repay outstanding indebtedness of Noble-Cayman's revolving credit facilities and for general corporate purposes, including its capital spending program. The ratings on Noble Corp. incorporate ...

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