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Summary: Husky International Ltd. Nov 11

  • ID: 1951773
  • November 2011
  • Region: Global
  • Standard & Poors

FEATURED COMPANIES

  • Husky International Ltd.
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Abstract
The ratings on Ontario-based Husky International Ltd. mainly reflect what Standard & Poor's Ratings Services views as the company's highly leveraged financial risk profile, highlighted by its debt leverage in excess of 6x, funds from operations (FFO) to total debt of under 12%, the cyclical nature of the plastic injection molding machinery business, and our belief that leverage will only modestly improve in the near term. Partially offsetting these concerns is what Standard & Poor's deems as Husky's fair business risk profile, given the company's leading position, by a significant margin, in the sale of plastic injection molding machines and systems for its target markets and its diverse customer and geographic base. Husky is a privately owned global provider of...

Companies mentioned in this report are:
- Husky International Ltd.

Action: Review

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 READ MORE >

Note: Product cover images may vary from those shown

- Husky International Ltd.

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

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