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S&P: TransUnion view to stable
Standard & Poor's said it revised its outlook on TransUnion Corp. to stable from negative.
The B+ corporate credit rating and all issue-level ratings on the company were affirmed and the recovery ratings remain unchanged.
"The outlook revision reflects our assessment that TransUnion's good market position and low volatility of profitability can support leverage up to a peak in the low 7x area, although we generally expect adjusted debt to EBITDA to remain in the 6x to 7x range," S&P credit analyst Molly Toll-Reed said in a news release.
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