| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers R > Headlines for RSC Equipment Rental Inc. > News item |
S&P: RSC on positive watch
Standard & Poor's said it placed the B- rating on RSC Equipment Rental Inc.'s senior unsecured debt on CreditWatch with positive implications.
The corporate credit rating on RSC Equipment remains on CreditWatch with negative implications pending the completion of its acquisition by United Rentals Inc. in the second quarter of 2012.
The positive watch reflects an expectation that recovery prospects for these issues will improve once the acquisition closes, S&P said.
The CreditWatch will be resolved when the transaction closes, the agency said.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.