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S&P: Sunrise Senior Living unaffected
Standard & Poor's said the ratings and outlook on Sunrise Senior Living Inc. (BB-/stable/--) will not be affected by the company's announcement that it has postponed the release of its fourth-quarter and full-year financial results.
S&P said the reason for the postponement is not a significant concern. The company needs additional time to review its classification of about $15 million of certain prepaid assets.
Sunrise expects to reschedule its earnings release by March 16.
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