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 1/8/2009 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

S&P: Stater Bros. view stable

Standard & Poor's said it revised the outlook on Stater Bros. Holdings Inc. to stable from negative and affirmed its B+ corporate credit rating.

"The outlook revision reflects Stater Bros.' successful completion and integration of its new distribution facility," S&P analyst Jackie E. Oberoi said in a statement.

"At the same time and despite very difficult economic conditions caused by high unemployment and a poor housing market, the company maintained credit metrics characteristic of a B+ rating," Oberoi added.


© 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.