S&P: Awesome Acquisition view positive

Standard & Poor's said it revised the outlook on Awesome Acquisition Co. LP to positive from stable and affirmed the B- corporate credit rating.

S&P said the change reflects the improved credit metrics in the past year and expectation that the trend could continue given the company's ability to generate free operating cash flow.

Ratings reflect the company's participation in the highly competitive quick-service pizza restaurant industry and its highly leveraged capital structure, the agency said.

The issuer's debt-to-EBITDA ratio is about 5.8 times.

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