S&P affirms American Medical

Standard & Poor's said that it affirmed its ratings, including its BB- corporate credit rating, on American Medical Systems Inc. and revised the outlook to positive from stable.

S&P said that the affirmation reflects the company's significant financial risk profile, the challenge of improving the performance of the laser therapy business and its narrow medical focus.

The positive outlook reflects American Medical's adequate liquidity to navigate difficult economic conditions and decreasing dependence on laser therapy performance.

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