| Title: | Recovery Report: Church&Dwight Co. Inc.'s Recovery Rating Profile |
| Price: | $175.00 |
| Publication Date: | May 05, 2008 |
| Report Type: | Commentary |
| Abstract: | On May 5, 2008, Standard&Poor's Ratings Services assigned its bank loan and recovery ratings to Church&Dwight Co. Inc.?s proposed up to $250 million Additional Term Loan A due 2012. Church&Dwight's proposed facility is rated 'BBB', two notches above the corporate credit rating of 'BB+', with a recovery rating of '1', indicating that lenders can expect very high (90%-100%) recovery in the event of a default. The existing ratings on the company's senior secured facilities, debentures, and subordinated notes have all been raised by one notch (as detailed below) reflecting today's announced upgrade of the company to BB+/Stable/-- from BB/Watch Pos/--. (For the latest corporate credit rating rationale on Church&Dwight, see Standard& |
| Brief Excerpt: | RESEARCH Ratings Definitions Recovery Report: Church & Dwight Co. Inc.'s Recovery Rating Profile Publication date: ##-May-#### Recovery Analyst: Olen Honeyman, New York (#) ###-###-####; olen_honeyman@standardandpoors.com Primary... |
| Word Count: | 1715 |
| Sector: | Global Issuers, Corporations, Consumer Products |
| Format: | 
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