S&P rates DMT Solutions loan B-

S&P said it assigned its B- corporate credit rating to DMT Solutions Global Corp. The outlook is stable.

S&P also assigned its B- issue-level and 4 recovery ratings to DMT's proposed $260 million secured first-lien term loan due 2025. The 4 recovery rating indicates an expectation for average recovery (30%-50%; rounded estimate: 45%) of principal and interest in the event of a payment default.

“Our B- corporate credit rating on DMT reflects the company's small scale and niche operations in inserting and sorting equipment, limited product and service diversity, pricing pressures as mail volumes decline and clients seek to lower operating costs or outsource their printing needs to service bureaus, modest supplier concentration, and exposure to structural declines in print-based communications,” S&P said in a news release.

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