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Prospect News home > News index > List of issuers H > Headlines for Herschend Entertainment Co. LLC > News item |
S&P upgrades Herschend rating
S&P said it raised its issuer credit rating on Herschend Entertainment Co. to BB- from B+.
At the same time, S&P raised the issue-level rating on Herschend's secured debt to BB- from B+, in line with the upgrade of Herschend Entertainment.
The outlook is stable.
“The company ended 2022 with S&P Global Ratings-adjusted debt leverage below 3x and exceeding our prior expectations,” S&P said in a news release.
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