S&P: Isola USA view stable

Standard & Poor's said it revised its outlook to stable from negative and affirmed its B- corporate credit rating on Isola USA Corp.

"The outlook revision reflects our view of the extension of the company's term loan to five years and its mezzanine debt maturities to 5.5 years," said S&P credit analyst Christian Frank in a news release.

"The outlook revision also reflects our view that the company is likely to maintain at least 15% headroom under its new senior leverage covenant schedule, which was established as part its refinancing completed on Nov. 29, 2013."

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