S&P affirms One Call Care

Standard & Poor's said it affirmed its B corporate credit rating on One Call Care Management Inc.

The outlook is stable.

At the same time, S&P affirmed its B+ issue-level ratings on the company's senior secured credit facilities, which include the existing $415 million term loan, the new fungible add-on incremental $145 million term loan and the $35 million revolver.

The recovery ratings on the senior secured credit facilities are 2, indicating a substantial (70% to 90%) recovery of principal in the event of a payment default.

"Our rating on One Call Care Management (One Call) reflects our assessment of the company's business risk profile as 'weak,' and our assessment of its financial risk profile as 'highly leveraged,' as defined in our criteria," S&P credit analyst James Sung said in a news release.

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