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Bulletin: Harbinger Group Inc. Ratings Unchanged Following Disclosure Of Recent Wells Notices Dec 11

Standard & Poors, Dec 2011


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Abstract
CHICAGO (Standard & Poor's) Dec. 12, 2011--Standard & Poor's Ratings Services said today that its speculative-grade ratings, including its 'B' corporate credit rating and 'B-' secured notes rating, on New York City-based Harbinger Group Inc. (HRG) remain unchanged following the company's disclosure that Harbinger Capital Partners and certain of its affiliates, including Philip A. Falcone, Omar Asali, and Robin Roger, received Wells notices from the U.S. Securities and Exchange Commission. The company indicates the Wells notices were not addressed to HRG or any of its subsidiaries. Mr. Falcone is HRG's chief executive officer and chairman of the board of directors; Mr. Asali is HRG's president and a member of the board of directors; Ms. Roger is a member of the...

Companies mentioned in this report are: Harbinger Group Inc.
Action: Bulletin

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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