Fitch maintains Alberto-Culver on positive watch

Fitch Ratings said it maintained Alberto-Culver Co.'s BBB+ issuer default rating, $300 million bank credit facility and $150 million of notes on Rating Watch positive.

Fitch placed the ratings on watch on Sept. 27, 2010 pending Alberto's merger with Unilever NV, Unilever plc and other related companies, the agency said.

Fitch expects that Alberto's very strong credit measures will not deviate materially from current levels, the agency said.

The ratings consider Alberto's increased revenues as well as its considerable liquidity, the agency said.

Fitch rates Unilever A+/F1 with a stable outlook.

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