| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers U > Headlines for U.S. Coal Corp. > News item |
S&P rates U.S. Coal CCC
Standard & Poor's said it removed the preliminary CCC rating on U.S. Coal Corp. from CreditWatch, where it was placed in October 2011 with developing implications.
S&P also said it assigned a final CCC corporate credit rating to the company.
The outlook is negative.
The ratings reflect the combination of its vulnerable business risk profile and highly leveraged financial risk profile, S&P said.
The agency said it also factors in the company's relatively small size, lack of geographic diversity, high customer concentration and its weak liquidity.
© 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.