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S&P upgrades SSH Holdings
S&P said it raised the issuer credit rating to B- from CCC+ and revised the outlook to stable from negative on SSH Holdings Inc., which does business as Spencer Spirit.
“The rating action reflects our view that operating performance and credit metrics will continue to improve over the next 12 months, increasing the likelihood that the company could successfully refinance its debt at par,” S&P said in a news release.
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