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S&PCORRECT: Ratings on 14 Aerospace Co.'s Put on Watch Neg; Outlooks Revised on Three Others Mar 03 Product Image

S&PCORRECT: Ratings on 14 Aerospace Co.'s Put on Watch Neg; Outlooks Revised on Three Others Mar 03

  • Published: March 2003
  • Standard & Poors

FEATURED COMPANIES

  • AAR Corp.
  • BE Aerospace Inc.
  • Bombardier Inc.
  • Hexcel Corp.
  • Precision Castparts Corp.
  • Sequa Corp.
  • MORE

Abstract
(Editor's Note: The long-term corporate credit rating of Precision Castparts Corp. was misstated in the media release published March 18, 2003. A corrected version follows.) NEW YORK (Standard & Poor's) March 18, 2003--Standard & Poor's Ratings Services said today that it placed its ratings on 14 aerospace companies and their related entities on CreditWatch with negative implications. Aerospace companies affected by the action are Argo-Tech Corp. (B+/Watch Neg./--), Boeing Co. and Boeing Capital Corp. (both A+/Watch Neg./--), Britax Group PLC (B+/Watch Neg./--), European Aeronautic Defence and Space Co. N.V. (EADS; A/Watch Neg./A-1), Dunlop Standard Aerospace Holdings PLC (B/Watch Neg./--), Goodrich Corp. (BBB/Watch Neg./--), Hexcel Corp. (B/Watch Neg./--), K & F Industries Inc. (BB-/Watch Neg./--), Sabreliner Corp. (B/Watch Neg./--), Sequa Corp....

Action: Various Rating Actions

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 READ MORE >

- Boeing Co.
- Goodrich Corp.
- Kaman Corp.
- Boeing Capital Corp.
- Textron Inc.
- Textron Financial Corp.
- Hexcel Corp.
- European Aeronautic Defence and Space Co. N.V.
- AAR Corp.
- Sequa Corp.
- K&F Industries Inc.
- Bombardier Inc.
- BE Aerospace Inc.
- Sabreliner Corp.
- Argo-Tech Corp.
- Precision Castparts Corp.
- Aerostructures Corp.
- TransDigm Inc.
- Rolls-Royce PLC
- Dunlop Standard Aerospace Holdings PLC
- Britax Group Ltd.

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