U.S. manufacturing

Actuant Corp., Ba2; probability-of-default rating: Ba2; revolver and term loan, Ba2, LGD3, 43%.

Aearo Technologies Inc., B2; probability-of-default rating: B2; first-lien revolver and term loan, upgraded to B1 from B2, LGD3, 36%; second-lien term loan, Caa1, LGD5, 86%.

AGY Holding Corp., B2; probability-of-default rating: B2; first-lien bank facilities, upgraded to B1 from B2, LGD3, 38%; second-lien bank facility, Caa1, LGD5, 88%.

Alliance Laundry Systems LLC, B1; probability-of-default rating: B1; bank facilities, upgraded to Ba3 from B1, LGD3, 32%; notes, B3, LGD5, 84%.

Blount, Inc., Ba3; probability-of-default rating: Ba3; revolver and term loan, upgraded to Ba1 from Ba3, LGD2, 27%; notes, B2, LGD5, 86%.

Cellnet Technology, Inc., B2; probability-of-default rating: B2; revolver and term loan, upgraded to B1 from B2, LGD3, 36%; second-lien term loan, downgraded to Caa1 from B3, LGD5, 88%.

Chart Industries, Inc., B1; probability-of-default rating: B1; revolver and term loan, upgraded to Ba3 from B1, LGD2, 27%; notes, B3, LGD5, 80%.

Cinram International Inc., B1; probability-of-default rating: B2; term loan, B1, LGD3, 32%.

CLFX Corp., Ba3; probability-of-default rating: Ba3; revolver and term loans, upgraded to Ba1 from Ba3, LGD2, 20%.

CPI International, Inc., B2; probability-of-default rating: B2; notes, Caa1, LGD5, 89%. Communications & Power Industries, Inc., revolver and term loan, upgraded to Ba2 from B1, LGD2, 10%; notes, upgraded to B2 from B3, LGD4, 52%.

Electrical Components International Holdings Co., B1; probability-of-default rating: B1; first-lien revolver and term loan, upgraded to Ba3 from B1, LGD3, 36%; second-lien term loan, B3, LGD5, 84%.

EnerSys Capital Inc., Ba3; probability-of-default rating: B1; revolver and term loan, upgraded to Ba2 from Ba3, LGD2, 28%.

FastenTech, Inc., B1; probability-of-default rating: B1; revolver, upgraded to Ba2 from Ba3, LGD2, 21%; notes, B3, LGD5, 80%.

Flowserve Corp., Ba3; probability-of-default rating: B1; revolver and term loan, upgraded to Ba2 from Ba3, LGD3, 41%.

FR X Ohmstede Acquisitions Co., B2; probability-of-default rating: B2; revolver and first-lien term loan, upgraded to B1 from B2, B1, LGD3, 38%; second-lien term loan, Caa1, LGD5, 89%.

GenTek Holding, LLC, B2; probability-of-default rating: B2; revolver and term loan, upgraded to B1 from B2, LGD3, 34%; second-lien term loan, Caa1, LGD5, 78%.

Goodman Global Holdings, Inc., B1; probability-of-default rating: B1; revolver and term loan, upgraded to Ba2 from B1, LGD2, 21%; senior floating-rate notes, upgraded to B1 from B2, LGD4, 54%; senior subordinated notes, B3, LGD5, 83%.

Interline Brands, Inc., B1; probability-of-default rating: B1; revolver, term loan and delayed draw term loan, upgraded to Ba2 from Ba3, LGD2, 29%; notes, B3, LGD5, 82%.

Itron, Inc. Ba3; probability-of-default rating: Ba3; revolver, upgraded to Baa3 from Ba3, LGD1, 3%; notes, upgraded to Ba1 from B2, LGD2, 25%.

MAAX Holdings, Inc., B3; probability-of-default rating: B2; revolver and bank facilities, B2, LGD3, 49%; senior unsecured discount notes, upgraded to Caa1 from Caa3, LGD6, 99%; senior unsecured subordinated notes, Caa1, LGD6, 91%.

Mueller Group, Inc., B1; probability-of-default rating: B1; revolver and bank facility, upgraded to Ba3 from B1, LGD3, 31%; notes, notes, B3, LGD5, 82%. Mueller Water Products, discount notes, upgraded to B3 from Caa1, LGD6, 94%.

Norcross Safety Products LLC, B1; probability-of-default rating: B1; revolver and term loan, upgraded to Ba1 from B1, LGD2, 17%; notes, upgraded to B2 from B3, LGD4, 64%. Safety Products Holdings, Inc., pay-in-kind notes, upgraded to B3 from Caa1, LGD5, 89%.

RBS Global, Inc., B2; probability-of-default rating: B2; revolver and term loan, upgraded to Ba2 from B1, LGD2, 20%; senior notes, B3, LGD4, 66%; senior subordinated notes, Caa1, LGD6, 91%.

Reddy Ice Holdings, Inc., B1; probability-of-default rating: B1; discount notes, upgraded to B3 from Caa1, LGD5, 89%. Reddy Ice Group, Inc., term loan and revolver, upgraded to Ba3 from B1, LGD3, 34%.

Revere Industries, LLC, B2; probability-of-default rating: B2; first-lien revolver and term loan, upgraded to B1 from B2, LGD3, 33%; second-lien term loan, Caa1, LGD5, 78%.

Roper Industries, Inc., Ba2; probability-of-default rating: Ba2; revolver and term loan, upgraded to Ba1 from Ba2, LGD3, 39%; convertible notes, B1, LGD6, 92%.

Sensata Technologies BV, B2; probability-of-default rating: B2; revolver and term loans, B1, LGD3, 32%; senior notes, downgraded to Caa1 from B2, LGD5, 81%; senior subordinated notes, Caa1, LGD6, 93%.

Sensus Metering Systems Inc., B2; probability-of-default rating: B2; revolvers and term loans, upgraded to Ba3 from B2, LGD2, 23%; notes, upgraded to B3 from Caa1, LGD5, 77%.

SPX Corp., Ba1; probability-of-default rating: Ba1; revolvers, term loan and foreign-trade facility, Ba1, LGD4, 53%; notes, Ba2, LGD6, 96%.

TFS Acquisition Corp., B2; probability-of-default rating: B2; term loan, upgraded to B1 from B2, LGD3, 35%; notes, Caa1, LGD5, 84%.

Trimas Corp., B2; probability-of-default rating: B2; revolver, synthetic letter-of-credit facility and term loan, upgraded to Ba2 from B1, LGD2, 20%; notes, upgraded to B3 from Caa1, LGD5, 75%.

Valmont Industries, Inc., Ba2; probability-of-default rating: Ba2; revolver and bank facility, upgraded to Ba1 from Ba2, LGD3, 34%; notes, Ba3, LGD5, 82%.

Wastequip, Inc., B2; probability-of-default rating: B2; revolver and first-lien term loan, upgraded to B1 from B2, LGD3, 36%; second-lien term loan, downgraded to Caa1 from B3, LGD5, 86%.

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