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Published on 1/30/2008 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

S&P cuts Vicorp to CCC

Standard & Poor's said it lowered Vicorp Restaurants Inc.'s corporate credit rating to CCC from CCC+.

The outlook is developing.

S&P said the action is based on the company's delay in filing its 10-K to finish an evaluation of its intangible asset carrying values.


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