S&P: Regus up to positive

Standard & Poor's said it revised its outlook on Regus Group plc to positive from stable.

At the same time, S&P affirmed its B- long-term corporate credit rating on Regus. The B- senior secured bank loan rating on the $155 million senior secured revolving credit facilities and term bank loan issued by Regus Corp. and guaranteed by Regus was also affirmed.

S&P said the outlook revision follows the receipt of recent trading data from Regus, which indicates that the group's financial profile over the next year is likely to be stronger than we had previously expected.

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