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
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers K > Headlines for KNB Holdings Corp. > News item
Published on 2/9/2023 in the Prospect News Bank Loan Daily and Prospect News Distressed Debt Daily.

S&P cuts KNB to D

S&P said it cut its ratings on KNB Holdings Corp. and its first-lien term loan to D from CCC-. The recovery rating remains unchanged at 4.

The downgrades follow KNB voluntarily filing for protection under Chapter 11 of the U.S. Bankruptcy Code, the agency said.


© 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.