S&P: SNL Financial B, loan B+

Standard & Poor's said it assigned a B corporate credit rating to SNL Financial LC, along with a B+ rating on the company's $205 million senior secured credit facilities, consisting of a $30 million revolver due 2016 and a $175 million term loan due 2018.

The recovery rating on the facilities is 2, indicating 70% to 90% expected recovery in a default.

The outlook is positive.

The ratings reflect an expectation that the company will post low double-digit revenue and EBITDA growth for the balance of 2011, S&P said, and that growth momentum will continue in 2012.

The company's business risk profile is weak because of a narrow business position, relatively small size and revenue exposure to volatile financial markets, the agency said.

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