E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/31/2013 in the Prospect News Investment Grade Daily.

S&P upgrades Conrail

Standard & Poor's said it raised the corporate credit rating on Conrail Inc. to BBB+ from BBB.

The outlook is stable.

The action follows a similar rating action on CSX Corp., S&P said.

The upgrade reflects the company's strengthening credit measures and improved liquidity, the agency said.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.