• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
M&A And Higher Raw Material Costs Could Dim Credit Quality For U.S. Packaging Companies, Says Report Feb 12 Product Image

M&A And Higher Raw Material Costs Could Dim Credit Quality For U.S. Packaging Companies, Says Report Feb 12

  • Published: February 2012
  • Standard & Poors

FEATURED COMPANIES

  • 3M Co.
  • Bemis Co. Inc.
  • Diversey Holdings Inc.
  • Hoffmaster Group Inc.
  • Owens-Illinois Inc.
  • Pretium Packaging LLC
  • MORE

Abstract
NEW YORK (Standard & Poor's) Feb. 9, 2012--Standard & Poor's Ratings Services said in a report that credit quality in the U.S. packaging sector would remain relatively stable in 2012. The article is titled "Credit Themes: M&A And Higher Raw Material Costs Could Change Our Mostly Stable Outlook On U.S. Packaging." About 68% of packaging companies we rate have stable outlooks vs. about 16% that have negative outlooks. Risks to our stable outlook on the sector include potential mergers and acquisitions (M&A) and higher raw material costs. "Opportunities for M&A and leveraged buyouts, plus the prospect of higher raw material costs could lead us to take a few negative rating actions this year," said Standard & Poor's credit analyst Liley...

Action: General Comment

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 READ MORE >

- Avery Dennison Corp.
- Bemis Co. Inc.
- 3M Co.
- Owens-Illinois Inc.
- Crown Holdings Inc.
- Multi-Color Corp.
- Sonoco Products Co.
- Silgan Holdings Inc.
- Tekni-Plex Inc.
- BWAY Corp.
- AEP Industries Inc.
- Graham Packaging Co. L.P.
- Ball Corp.
- Pactiv Corp.
- Solo Cup Co.
- Greif Inc.
- Plastipak Holdings Inc.
- Owens Illinois Group Inc.
- Diversey Holdings Inc.
- Intertape Polymer Group Inc.
- Pregis Corp.
- Exopack Holding Corp.
- Multi Packaging Solutions Inc.
- Berry Plastics Corp.
- Hoffmaster Group Inc.
- LabelCorp Holdings Inc.
- Reynolds Group Holdings Ltd.
- Pretium Packaging LLC
- Tegrant Corp.

Format Properties
Electronic The report will be emailed to you.
Note: Product cover images may vary from those shown
More

RELATED PRODUCTS