S&P: Coinstar notes to BB-

Standard & Poor's said it revised Coinstar Inc.'s $200 million of 4% convertible senior notes to BB- from BB+.

The agency also said it revised its recovery rating to 6 from 4. The 6 rating indicates 0% to 10% expected recovery in a default.

The change in the recovery analysis reflects a revised expectation of the recovery prospects because of the addition of $225 million in secured debt following Coinstar's recent bank facility refinancing, S&P said.

The company's BB+ corporate credit rating and stable outlook remain unchanged.

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