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Information Solutions Co. Assigned 'BB' Rating With Positive Outlook Mar 10 Product Image

Information Solutions Co. Assigned 'BB' Rating With Positive Outlook Mar 10

  • Published: March 2010
  • Standard & Poors

The First American Corp. is spinning off its financial services businesses. The surviving company will be Information Solutions Co., which is the former data & analytic, information & outsourcing, and risk mitigation & business solutions of The First American Corp. We are assigning a 'BB' corporate rating with a positive outlook to Information Solutions Co., the new entity. We are also assigning a 'BB+' rating to the new company's proposed $850 million senior secured credit facility. The positive outlook reflects the company's cash-generating ability, a moderate financial policy, and an expectation that it will maintain its leadership position in key markets. NEW YORK (Standard & Poor's) March 4, 2010--Standard & Poor's Ratings Services said today it assigned its 'BB' corporate...

Companies mentioned in this report are:
- CoreLogic Inc.

Action: New Rating
Action: Outlook: Positive

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine READ MORE >

- CoreLogic Inc.

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