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| Prospect News home > News index > List of issuers C > Headlines for Cornerstone Building Brands, Inc. > News item |
S&P assigns B to Cornerstone Building Brands loan
S&P said it assigned its B issue-level rating and 3 recovery rating to Cornerstone Building Brands Inc.'s proposed term loan B due 2028.
The 3 recovery rating indicates an expectation for meaningful (50%-70%; rounded estimate: 60%) recovery in the event of a payment default.
All of the existing ratings on the company are unchanged.
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