S&P rates Westway loan BB-

Standard & Poor's said it assigned its BB- rating to Westway Group LLC's $270 million senior secured term loan B due 2020 and a $30 million revolving credit facility due 2018.

The agency also assigned its 3 recovery rating to the senior secured debt.

The outlook is stable.

"We view the project's liquidity features as 'adequate' to support overall funding needs," S&P credit analyst Nora Pickens said in a news release.

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