Bulletin: C&S Wholesale Grocers Rating Unaffected By A&P Supermarket?s Bankruptcy Filing - S&P Credit Research

Bulletin: C&S Wholesale Grocers Rating Unaffected By A&P Supermarket?s Bankruptcy Filing

876 words — Published Dec 13, 2010
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Abstract:

NEW YORK (Standard&Poor's) Dec. 13, 2010--Standard&Poor's Ratings Services said today that its ratings on privately held C&S Wholesale Grocers and 75% owned subsidiary C&S Group Enterprises LLC (BB-/Stable/--) are currently not affected by Great Atlantic&Pacific Tea Co.'s (D/--/--) Chapter 11 bankruptcy filing on Dec. 12, 2010. C&S Wholesale continues to be A&P's leading wholesale grocery distributor, and we expect that the company will likely receive critical vendor status post-petition. A&P is C&S Wholesale's second-largest customer, and we believe that because C&S Wholesale was not one of the top 40 creditors, that any prepetition claim would not be significant. We plan to continue to monitor developments of A&P's reorganization and how it may possibly affect

  
Brief Excerpt:

RESEARCH Ratings Definitions PDF Bulletin: C&S Wholesale Grocers Rating Unaffected By A&P SupermarketaÇÖs Bankruptcy Filing Publication date: 13-Dec-2010 Primary Credit Analyst: Jayne M Ross, New York (1) 212-438-7857; jayne_ross@standardandpoors.com...

  
Report Type:

Bulletin

Ticker
22983Z
Issuer
GICS
Food Distributors (30101020)
Sector
Global Issuers
Country
Region
Format:
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C&S Wholesale Grocers – 2011/04/28 – $500.00

Summary: C&S Wholesale Grocers – 2011/04/28 – $225.00

Summary: C&S Wholesale Grocers – 2011/10/26 – $225.00

C&S Wholesale Grocers – 2012/04/26 – $500.00

Summary: C&S Wholesale Grocers – 2012/04/26 – $225.00

Summary: C&S Wholesale Grocers – 2010/10/28 – $225.00

C&S Wholesale Grocers – 2010/04/20 – $500.00

Summary: C&S Wholesale Grocers – 2010/04/20 – $225.00

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MLA:
S&P Credit Research. "Bulletin: C&S Wholesale Grocers Rating Unaffected By A&P Supermarket?s Bankruptcy Filing" Dec 13, 2010. Alacra Store. Nov 27, 2014. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-C-S-Wholesale-Grocers-Rating-Unaffected-By-A-P-Supermarket-s-Bankruptcy-Filing-837440>
  
APA:
S&P Credit Research. (). Bulletin: C&S Wholesale Grocers Rating Unaffected By A&P Supermarket?s Bankruptcy Filing Dec 13, 2010. New York, NY: Alacra Store. Retrieved Nov 27, 2014 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-C-S-Wholesale-Grocers-Rating-Unaffected-By-A-P-Supermarket-s-Bankruptcy-Filing-837440>
  
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