S&P: Rialto ratings unchanged

Standard & Poor's said its B rating on Rialto Holdings LLC's senior unsecured notes remains unchanged following the company's $100 million add-on issuance to its existing $250 million senior unsecured debt due on Dec. 1, 2018.

S&P's B+ issuer credit rating and stable outlook on Rialto also remain unchanged, despite the marginal increase in the company's total debt-to-equity ratio. The additional debt will contain identical terms and guarantors.

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