S&P could cut IHS

Standard & Poor's said it affirmed its BB+ corporate credit rating on IHS Inc.

The outlook is stable.

At the same time, the agency placed its BB+ rating on the company's senior unsecured instruments on CreditWatch with negative implications. The 3 recovery rating remains unchanged.

S&P will resolve the CreditWatch listing when more information about the company's capital structure, including the structure of the legal entities and guarantors, becomes available.

S&P said the stable outlook reflects its view that IHS' good market positions and recurring revenue base are likely to result in consistent operating performance over the next 12 months.

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