E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/10/2009 in the Prospect News Bank Loan Daily.

S&P: Solera outlook positive

Standard & Poor's said it revised its outlook on Solera Holdings Inc. to positive from stable and affirmed its BB- corporate credit rating and the BB- rating and recovery rating of 3 on the company's first-lien credit facilities.

The agency said the outlook revision reflects the company's continued improvement in operating results, which has allowed it to improve its adjusted debt leverage and cash flow protection metrics.


© 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.