S&P revises Rough Country view to negative

S&P said it changed the outlook on Rough Country LLC to negative from stable and affirmed the B issuer credit rating on the company.

“The negative outlook reflects the potential that we will lower our rating on Rough Country over the next few quarters if its sales and EBITDA do not appear to stabilize, leading it to sustain a FOCF-to-debt ratio below 3%,” said S&P in a press release.

© 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.