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Allied Security Holdings LLC Outlook Revised To Stable From Negative, 'B' Rating Affirmed May 11
Standard & Poors, May 2011
Abstract
Conshohocken, Pa.-based contract security officer services company Allied Security Holdings LLC's operating performance continues to improve, with a combination of revenue growth and EBITDA margin expansion. We are affirming our 'B' corporate credit rating on the company and revising our outlook to stable from negative. The stable outlook reflects our view that recent growth should allow credit measures to stabilize in line with 'B' rating category medians. CHICAGO (Standard & Poor's) May 19, 2011--Standard & Poor's Ratings Services said today it affirmed its 'B' corporate credit rating on Conshohocken, Pa.-based Allied Security Holdings LLC. We also revised our outlook to stable from negative. At the same time, we affirmed our 'B+' issue-level ratings on the company's $80 million revolving credit...
Companies mentioned in this report are: Allied Security Holdings LLC
Action: Affirmed
Action: Outlook: Stable
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 the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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