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Prospect News home > News index > List of issuers E > Headlines for Euramax International, Inc. > News item |
S&P: Euramax view stable
Standard & Poor's said it affirmed Euramax International Inc.'s B- corporate credit rating and revised the outlook to stable from negative.
"The outlook revision reflects Euramax's improved operating performance, which reduces the likelihood of a covenant violation in the near term," S&P analyst Dan Picciotto.
Ratings reflect the company's highly leveraged financial risk profile and weak business risk profile, the agency said.
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