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Prospect News home > News index > List of issuers G > Headlines for GrafTech International Ltd. > News item
Published on 5/15/2008 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News High Yield Daily.

S&P boosts GrafTech

Standard & Poor's said it raised its rating on GrafTech International Ltd.

The corporate credit rating was raised to BB- from B+, the agency added.

The outlook is stable.

The agency noted that the upgrade reflects GrafTech's strengthening financial profile following significant debt reduction, good operational performance and enhanced cash flow generation supported by currently favorable market conditions.


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