| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers R > Headlines for RSP Permian, Inc. > News item |
S&P rates RSP Permian notes B-
Standard & Poor’s said it assigned a B+ corporate credit rating to RSP Permian Inc.
The agency said it assigned a B- rating to RSP’s proposed $450 million senior unsecured notes due 2022. The recovery rating is 6, indicating 0 to 10% expected default recovery.
The outlook is stable.
The ratings reflect the company’s weak business risk, aggressive financial risk and adequate liquidity, S&P said.
The ratings also consider its limited scale of operations, lack of geographic diversity and high percentage of crude oil production, 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.