S&P gives Speedy Group notes CCC+

Standard & Poor's said it assigned its B issuer credit rating to Speedy Group Holdings Corp.

At the same time, S&P assigned the CCC+ issue rating and 6 recovery rating to Speedy Group's $125 million senior unsecured notes.

The outlook on the issuer credit rating is stable.

S&P said the ratings on Speedy Cash Holdings Corp. and its newly formed holding company, Speedy Group, are the same because Speedy Group has no assets except its investment in Speedy Cash.

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