| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers T > Headlines for TransWestern Publishing Co. LLC > News item |
S&P: TransWestern Publishing developing
Standard & Poor's said it placed its ratings on TransWestern Publishing Co. LLC, including its B+ corporate credit rating, on CreditWatch with developing implications.
The CreditWatch listing follows the company's announcement Thursday that it has retained Goldman, Sachs & Co. to explore strategic alternatives, which could include a sale of the company. TransWestern had about $700 million in debt outstanding as of Dec. 31.
S&P rates the company's senior secured debt first lien at B+ and senior secured debt second lien at B-.
© 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.