| Title: | Research Update: Church&Dwight Co. Inc. Corporate Credit Rating Raised To 'BB+'; Outlook Stable |
| Price: | $175.00 |
| Publication Date: | May 05, 2008 |
| Report Type: | Research Update |
| Abstract: | On May 5, 2008, Standard&Poor's Ratings Services raised its corporate credit rating on Church&Dwight Co. Inc. to 'BB+' from 'BB', and assigned a 'BBB' senior secured debt and '1' recovery rating to the company's planned up to $250 million term loan A facility. In addition, we raised all of our existing issue-level ratings on the company by one notch (see Ratings List below). We removed the existing ratings from CreditWatch, where they were placed with positive implication on April 1, 2008. The outlook is stable. Approximately $1.1 billion of pro forma funded debt is affected by this action. The upgrade is based on Church&Dwight's stable operating performance in recent years and its successful track |
| Brief Excerpt: | RESEARCH Ratings Definitions Research Update: Church & Dwight Co. Inc. Corporate Credit Rating Raised To '##+'; Outlook Stable Publication date: ##-May-#### Primary Credit Analyst: Patrick Jeffrey, CFA, New York (#) ###-###-####;... |
| Word Count: | 1317 |
| Ticker: | CHD |
| Issuer: | Church&Dwight Co. Inc. |
| GICS: | Household Products (30301010) |
| Sector: | Global Issuers, Corporations, Consumer Products |
| Country: | United States |
| Region: | United States |
| Format: | 
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