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Published on 5/28/2013 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

S&P: Ainsworth view to positive

Standard & Poor's said it revised its outlook on Ainsworth Lumber Co. Ltd. to positive from stable.

"We base our outlook revision on the company's improved liquidity and increased cash flow generation expectations in the next year," S&P credit analyst Jamie Koutsoukis said in a news release.

At the same time, S&P affirmed all ratings on Ainsworth, including the B- long-term corporate credit rating on the company.

The ratings reflect what the agency said it views as the company's "vulnerable" business risk profile and "highly leveraged" financial risk profile.


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