| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers A > Headlines for Accellent Inc. > News item |
S&P upgrades Accellent on acquisition
Standard & Poor’s said it raised the corporate credit rating on Accellent Inc. to B+ from B following the acquisition by Greatbatch Inc.
The outlook is stable.
S&P said it subsequently withdrew the B+ corporate credit rating on Accellent, along with the ratings on its debt because all of Accellent’s debt was refinanced in conjunction with the acquisition.
The upgrade reflects a belief that Accellent’s operations will be fully integrated into Greatbatch, the agency said.
© 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.