Fitch affirms Volt

Fitch Ratings said it has affirmed Volt Information Sciences, Inc.'s ratings as follows: issuer default rating at BB; $42 million senior unsecured facility due February 2013 at BB; and secured 8.2% $12 million term loan at BBB-.

The outlook remains negative.

According to Fitch, the negative outlook was assigned in March 2009 due to the uncertainties posed by the then unknown depth and breadth of the recession and its effect on Volt's primary line of business -- the staffing segment.

In the first two fiscal quarters of 2009, the company's consolidated net sales declined 20% relative to the prior year, the agency said.

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