• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Recovery Report: ConvaTec Inc.'s Recovery Rating Profile Jan 12 Product Image

Recovery Report: ConvaTec Inc.'s Recovery Rating Profile Jan 12

  • Published: January 2012
  • Standard & Poors

Abstract
We are updating our recovery analysis on U.S. medical products manufacturer ConvaTec Inc. (ConvaTec), in conjunction with our annual review of the company. Standard & Poor's Ratings Services' simulated default scenario contemplates a default in 2015, stemming from a combination of increased competition, an inability to bring new products to market in a timely manner, and reduced reimbursement rates. We believe that ConvaTec would reorganize in the event of a default, given its global presence and its diverse portfolio covering ostomy care, wound therapeutics, and skin care. (For Standard & Poor's recovery rating methodology, see "Criteria Guidelines For Recovery Ratings," published Aug. 10, 2009, on RatingsDirect.) ConvaTec Healthcare B S.- r.l., a Luxembourg-organized company (Holdings), along with ConvaTec Healthcare D...

Companies mentioned in this report are: ConvaTec Inc.,ConvaTec Healthcare D S.?.r.l.,ConvaTec Healthcare B S.?.r.l.,ConvaTec Healthcare E S.A.

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance READ MORE >

ConvaTec Inc.,ConvaTec Healthcare D S.?.r.l.,ConvaTec Healthcare B S.?.r.l.,ConvaTec Healthcare E S.A.

Note: Product cover images may vary from those shown

RELATED PRODUCTS