Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers R > Headlines for RSP Permian, Inc. > News item |
S&P lifts, withdraws RSP Permian
S&P said it raised its corporate credit rating on RSP Permian Inc. to BBB- from B+ and removed it from CreditWatch with positive implications, where it was placed on March 28.
The agency said the action follows the completion of Concho Resources Inc.'s acquisition of RSP Permian.
S&P subsequently withdrew the ratings on RSP Permian, as all of the outstanding RSP Permian senior notes have been redeemed.
The agency said it raised the issuer credit and senior unsecured ratings on RSP Permian to equalize them with the rating on Concho Resources.
© 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.