• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Deluxe Entertainment Services Group Inc. Jan 12 Product Image

Deluxe Entertainment Services Group Inc. Jan 12

  • ID: 2047148
  • January 2012
  • Standard & Poors

Abstract
Growing creative services segment, with more healthy long-term fundamentals than Deluxe's film processing and distribution business. Exposure to widespread adoption of digital projection technology by motion picture exhibitors; Highly leveraged; and High mandatory debt amortization payments. The 'B' corporate credit rating on Deluxe Entertainment Services Group Inc. reflects our expectation that the company's financial risk profile will remain "aggressive" (based on our criteria), given its still-high leverage. In addition, it is owned by private-equity investors that financed a special dividend from the company using debt. We view Deluxe's business profile as "vulnerable" (based on our criteria) because of its exposure to the widespread adoption of digital projection technology by motion picture exhibitors, particularly in North America. We expect the company's...

Companies mentioned in this report are: Deluxe Entertainment Services Group Inc.
Action: Review

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: Full Analysis

Note: Product cover images may vary from those shown

Deluxe Entertainment Services Group Inc.

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS