S&P: Rock-Tenn unaffected

Standard & Poor's said ratings on Rock-Tenn Co. (BB+/negative) are unaffected by the company's announcement that it has increased the commitment under its term loan A by $200 million.

The secured loan rating is BBB-. Although the amount of secured debt in the pro forma capital structure has grown, S&P said the enterprise value available at projected default continues to yield the expectation of substantial recovery.

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