S&P ups Mallinckrodt

S&P said it upgraded Mallinckrodt plc’s issuer rating to B- from D. In an April 27 release, the agency said it planned to give a B- rating to the company once it emerges from bankruptcy.

The outlook is stable.

© 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.