Germany Defence and Security Report Q1 2011
- Language: English
- 119 Pages
- Published: January 2011
- Region: Germany
Abstract
OVERVIEW We assigned our 'BBB-' rating to Omega Healthcare Investors Inc.'s $400 million senior unsecured notes due 2024. The company plans to use the proceeds from the offering to repurchase $175 million of outstanding 7.0% senior notes due 2016 and repay a portion of outstanding borrowings under the unsecured credit facility. NEW YORK (Standard & Poor's) March 5, 2012--Standard & Poor's Ratings Services today assigned its 'BBB-' rating to a $400 million senior unsecured note offering by Omega Healthcare Investors Inc. The notes mature on March 15, 2024. We also assigned a '2' recovery to the notes, indicating our expectation for a substantial recovery (70%-90%) in the event of a payment default. The company plans to use the proceeds from...
Companies mentioned in this report are: Omega Healthcare Investors Inc.
Action: New Rating
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
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Omega Healthcare Investors Inc.
| Format | Properties | |
|---|---|---|
| Electronic | The report will be emailed to you. |