The Canadian Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016
- Published: October 2011
- Region: Canada
We expect U.S.-based TriMas Corp.'s operating performance to continue to improve and credit measures to sustain at improved levels as it reduces its debt. We are affirming our ratings, including the 'B+' corporate credit rating, on TriMas, and revising the outlook to positive from stable. The positive outlook reflects the potential for an upgrade if the company sustains credit measures commensurate for a higher rating. On Aug. 24, 2011, Standard & Poor's Ratings Services affirmed its ratings, including the 'B+' corporate credit rating, on TriMas Corp., and revised the outlook to positive from stable. The outlook revision to positive reflects the potential for an upgrade if TriMas continues to perform better than our expectations for the 'B+' rating. We believe...
Companies mentioned in this report are: TriMas Corp.
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 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.
Product Type: Research Update
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