MultiPlan Inc. 'B+' Counterparty Credit Rating Placed On Watch Developing Pending Secondary Private-Equity Buyout Jul 10
- ID: 1869923
- July 2010
- Standard & Poors
MultiPlan announced today that it has agreed to be acquired by private-equity firms BC Partners and Silver Lake as part of a secondary buyout. We are placing our ratings, including the local currency 'B+' counterparty credit rating, on MultiPlan on CreditWatch with developing implications. We plan to resolve the CreditWatch listing in the next 30 days. NEW YORK (Standard & Poor's) July 12, 2010--Standard & Poor's Ratings Services said today that it placed its ratings, including local currency the 'B+' counterparty credit rating, on New York City-based MultiPlan Inc. on CreditWatch with developing implications. MultiPlan announced today that it has agreed to be acquired by private-equity firms BC Partners and Silver Lake as part of a secondary buyout from its...
Companies mentioned in this report are:
- MultiPlan Inc.
- Viant Holdings Inc. (dba Viant)
Action: On CreditWatch:Developing
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.