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S&P gives B to Stallion Oilfield loan
Standard & Poor's said it assigned B issue-level and 3 recovery ratings to Stallion Oilfield Holdings Inc.'s $350 million senior secured term loan facility due 2018.
"The ratings on Houston-based Stallion Oilfield Holdings Inc. reflect our assessment of the company's 'vulnerable' business risk and 'aggressive' financial risk," S&P credit analyst Stephen Scovotti said in a news release.
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