S&P rates Kinetic loan BBB

Standard & Poor's said that it affirmed Kinetic Concepts Inc.'s BB+ corporate credit rating and assigned its senior secured credit facility, consisting of a $650 million revolver due January 2016 and a $550 million term loan A due Jan 2016, a BBB issue-level rating and 1 recovery rating.

The outlook is stable.

The ratings reflect the company's well-entrenched market position and cash flow related to the VAC device and competitive technological developments and potential third-party pricing pressure, the agency said.

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