- Language: English
- 73 Pages
- Published: June 2010
- Region: Malaysia
Stanadyne Corp. Outlook Revised To Negative On Possible Interest Payment Difficulties; 'CCC+' Corporate Rating Affirmed Mar 12
- Published: March 2012
- Standard & Poors
We believe U.S.-based engine component manufacturer Stanadyne Corp. may be unable to service debt at its parent, Stanadyne Holdings, as early as August. We are revising the outlook to negative from stable while affirming our ratings, including the 'CCC+' corporate credit rating, on Stanadyne. The negative outlook reflects the potential for a downgrade if we have less confidence that the company will be able to service Stanadyne Holdings' notes. NEW YORK (Standard & Poor's) March 7, 2012--Standard & Poor's Ratings Services said today that it revised its long-term outlook to negative from stable on Windsor, Conn.-based Stanadyne Corp. At the same time, Standard & Poor's affirmed its ratings, including the 'CCC+' corporate credit rating, on Stanadyne. "The outlook revision reflects...
Companies mentioned in this report are: Stanadyne Corp.,Stanadyne Holdings Inc.
Action: Outlook: Negative
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: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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Stanadyne Corp.,Stanadyne Holdings Inc.
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