S&P rates Res-Care loans BB+

Standard & Poor's said the senior secured bank loan rating on Res-Care Inc.'s amended $250 million revolving bank loan facility remains at BB+.

S&P said the amendment increased the revolver capacity to $250 million from $200 million and allows for a further $50 million accordion feature. If the company were to add the $50 million of additional capacity, the agency said it would reassess ratings on the facility.

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