S&P changes American Rock Salt view to positive

S&P said it revised the outlook for American Rock Salt Co. LLC to positive from stable.

“The positive outlook reflects American Rock Salt's improved leverage with trailing-12-months adjusted debt to EBITDA of 3.6x, compared to our previous expectations of above 5x,” said S&P in a news release.

S&P affirmed the company’s B rating as well as the B rating on the $410 million term loan with a 3 recovery rating.

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