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Published on 5/24/2013 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

S&P ups Thompson Creek Metals view to positive

Standard & Poor's said it revised its outlook on Thompson Creek Metals Co. Inc. to positive from negative and affirmed its ratings, including its CCC+ long-term corporate credit rating, on the company.

"We base the outlook revision on our expectations for reduced liquidity strain and improving visibility on next year's free cash flow generation and credit metrics," said S&P credit analyst George Economou in a news release.


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