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Published on 6/30/2009 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

S&P affirms Stater Bros.

Standard & Poor's said it affirmed its B+ corporate credit rating on Stater Bros. Holdings Inc. and removed it from Creditwatch, where it was placed with negative implications on May 6.

The outlook is stable.

"In assessing multiemployer pension plan risk for Stater and other supermarket companies, the agency said it made a number of analytical assumptions and adjustments based on confidential information provided to us by these firms," said S&P credit analyst Stella Kapur.


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