S&P ups Wesco Aircraft view to positive

Standard & Poor’s said it revised its outlook on Wesco Aircraft Holdings Inc. to positive from stable.

At the same time, S&P affirmed all of the ratings on the company, including the B+ corporate credit rating.

“The outlook revision reflects our belief that the amendment to the leverage covenants on Wesco’s credit facility will provide the company with some relief,” said S&P credit analyst Tennille Lopez in a news release.

“This amendment, along with the continued growth of Wesco’s revenues and earnings, should improve the company’s liquidity over the next year.”

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