Sustainability in the Global Defense Industry 2011-2012: Market Trends and Opportunities, Forecast of Budgets and Profitability, Defense Industry Procurement and Marketing Initiatives
- Published: September 2011
- Region: Global
U.S. specialty coffee and coffee maker company Green Mountain Coffee Roasters Inc. (GMCR) is recapitalizing to repay existing debt and to purchase Van Houtte, a Canadian specialty coffee company. We are assigning our preliminary 'B' corporate credit rating on GMCR. The negative outlook reflects our expectation for less than adequate liquidity. On Oct. 18, 2010, Standard & Poor's Ratings Services assigned its preliminary 'B' corporate credit rating to Waterbury, Vt.-based Green Mountain Coffee Roasters Inc. The outlook is negative. At the same time, we assigned our preliminary 'B+' issue ratings to the company's $1.35 billion senior secured credit facility, which consists of a five-year $750 million revolving credit facility, a five-year $250 million term loan A, and a six-year $350...
Companies mentioned in this report are: Green Mountain Coffee Roasters Inc.
Action: Preliminary Rating
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Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.
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Green Mountain Coffee Roasters Inc.