- Language: English
- 1091 Pages
- Published: October 2012
- Region: Global
Research Update: MSC Software Corporate Credit Rating Withdrawn At Issuer's Request Dec 11
- Published: December 2011
- Standard & Poors
On Dec. 15, 2011, Standard & Poor's Ratings Services withdrew its preliminary issue-level and corporate credit ratings on MSC Software Corp. We withdrew the preliminary corporate credit rating at the issuer's request. We withdrew the preliminary 'B+' bank loan rating and the preliminary recovery rating of '3' on the proposed senior secured first-lien credit facilities since the transaction did not close. Not Rated Action; Outlook Action To From MSC Software Corp. Corporate Credit Rating NR/--/-- B+(prelim)/Negative Not Rated Action To From MSC Software Corp. Senior Secured NR B+(prelim) Recovery Rating NR 3(prelim)...
Companies mentioned in this report are: MSC Software Corp.
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
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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MSC Software Corp.