- Language: English
- Published: November 2012
- Region: Iraq
Research Update: HMSC Corp. Outlook Revised To Stable From Negative; Ratings Affirmed Jan 12
- Published: January 2012
- Standard & Poors
HMSC Corp. has met our performance and debt-servicing expectations despite continued challenging market conditions. We have revised our outlook on HMSC Corp. to stable from negative and affirmed our ratings on the company. We expect HMSC Corp.'s revenue growth to continue to improve modestly in 2012. On Jan. 9, 2012, Standard & Poor's Ratings Services revised its outlook on HMSC Corp. to stable from negative. At the same time, we affirmed our 'B-' long-term counterparty credit rating and first-lien senior secured debt rating, and our 'CCC' second-lien senior secured debt rating on HMSC Corp. The recovery rating on HMSC Corp.'s 'B-' rated senior secured debt remains '3' (50%-70% recovery), and the recovery rating on its 'CCC' rated secured debt remains...
Companies mentioned in this report are: HMSC Corp.,Aon Corp.
Action: Outlook: Stable
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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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HMSC Corp.,Aon Corp.