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Published on 10/21/2016 in the Prospect News Bank Loan Daily.

S&P lowers, withdraws Epiq

S&P said it lowered its corporate credit rating on Epiq Systems Inc. to B from B+.

The outlook is stable.

At the same time, the agency removed all of our ratings on the company from CreditWatch, where they were placed with positive implications on July 28.

S&P subsequently withdrew all ratings on Epiq Systems.

S&P said the ratings downgrade and subsequent withdrawal follow the completion of the merger of Epiq Systems with DTI Holdco on Sept. 30.


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