Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers K > Headlines for KBR, Inc. > News item |
S&P elevates KBR
S&P said it raised its issuer credit rating on KBR Inc. to BB- from B+.
At the same time, the agency raised its issue-level rating on the company's first-lien credit facility to BB- from B. The 3 recovery rating is unchanged.
The outlook is stable.
“Rapid earnings growth and voluntary debt repayments should result in improved credit ratios in 2019,” S&P noted in a news release.
© 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.