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Research Update: Emergency Medical Services Corp. 'BB' Rating Placed On CreditWatch Negative Jan 11

  • ID: 1789128
  • January 2011
  • Standard & Poors


  • Envision Healthcare Corp.
  • MORE

U.S. emergency health care services company Emergency Medical may be subject to a takeover by a private equity firm. We believe Emergency Medical's credit profile could weaken because we anticipate that a takeover could add meaningful debt. We are placing our 'BB' rating for Emergency Medical on CreditWatch with negative implications. The negative CreditWatch listing reflects our view that a meaningfully debt-laden transaction would weaken credit metrics below current levels. On Jan. 21, 2011, Standard & Poor's Ratings Services placed its 'BB' corporate credit rating for Greenwood Village, Colo.-based Emergency Medical Services Corp., as well as all related issue-level ratings for subsidiaries EmCare HoldCo and AMR HoldCo, on CreditWatch with negative implications. CreditWatch with negative implications means that the ratings...

Companies mentioned in this report are:
- Envision Healthcare Corp.

Action: On CreditWatch:Negative

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 READ MORE >

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- Envision Healthcare Corp.

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown


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