Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Cerba European Lab SAS > News item |
S&P rates Cerba notes B+
Standard & Poor's said it assigned its B+ long-term corporate credit rating to Cerba European Lab SAS.
The outlook is stable.
At the same time, S&P assigned its B+ issue rating to Cerba's €365 million senior secured notes due 2020. The recovery rating on the notes is 4.
The agency said the ratings on Cerba reflect its view of the company's relatively aggressive capital structure through its ownership by private equity group PAI Partners.
© 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.