American Rock Salt Outlook Revised To Positive; 'B-' Corporate Credit Rating Affirmed - S&P Global Ratings’ Credit Research

American Rock Salt Outlook Revised To Positive; 'B-' Corporate Credit Rating Affirmed

American Rock Salt Outlook Revised To Positive; 'B-' Corporate Credit Rating Affirmed - S&P Global Ratings’ Credit Research
American Rock Salt Outlook Revised To Positive; 'B-' Corporate Credit Rating Affirmed
Published May 23, 2008
Published May 23, 2008
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Abstract:

NEW YORK (Standard&Poor's) May 23, 2008--Standard&Poor's Ratings Services said today it revised its outlook on American Rock Salt Co. LLC (ARSC) to positive from stable. At the same time, we affirmed the ratings on the company, including the 'B-' corporate credit rating. "The outlook revision reflects the company's improved credit metrics and enhanced liquidity because of strong results in the past few quarters resulting from severe winter weather in the northeastern U.S.," said Standard&Poor's credit analyst Anna Alemani. "In addition, we expect that ARSC's stronger liquidity position will provide a cushion against potentially milder-than-usual weather next winter." The rating on Mount Morris, N.Y.-based ARSC reflects the company's limited diversity because of its reliance on

  
Report Type:

Ratings Action

Issuer
GICS
Diversified Metals & Mining (15104020)
Sector
Global Issuers
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "American Rock Salt Outlook Revised To Positive; 'B-' Corporate Credit Rating Affirmed" May 23, 2008. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/American-Rock-Salt-Outlook-Revised-To-Positive-B-Corporate-Credit-Rating-Affirmed-650198>
  
APA:
S&P Global Ratings’ Credit Research. (). American Rock Salt Outlook Revised To Positive; 'B-' Corporate Credit Rating Affirmed May 23, 2008. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/American-Rock-Salt-Outlook-Revised-To-Positive-B-Corporate-Credit-Rating-Affirmed-650198>
  
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