BULLETIN: Brink's Company (The) Ratings Unchanged by Report of Investigation of Non-U.S. Unit - S&P Global Ratings’ Credit Research

BULLETIN: Brink's Company (The) Ratings Unchanged by Report of Investigation of Non-U.S. Unit

BULLETIN: Brink's Company (The) Ratings Unchanged by Report of Investigation of Non-U.S. Unit - S&P Global Ratings’ Credit Research
BULLETIN: Brink's Company (The) Ratings Unchanged by Report of Investigation of Non-U.S. Unit
Published Aug 04, 2004
482 words — Published Aug 04, 2004
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Abstract:

NEW YORK (Standard&Poor's) Aug. 4, 2004--The Brinks Company (BBB/Stable/--) today announced preliminary results for the second quarter of 2004 and disclosed that one of its non-U.S. business units has not paid approximately $3 million, before interest, of foreign duties and value-added taxes with respect to the importation of various goods and services. The company stated that it is still investigating the matter and could face up to $85 million, excluding interest, in potential penalties, based on its investigation to date. Standard&Poor's Ratings Services said the announcement has no impact on its rating or outlook at this time. Brink's has stated that the situation is isolated to the unit under investigation. If the company's investigation were to

  
Brief Excerpt:

RESEARCH BULLETIN: Brink's Company (The) Ratings Unchanged by Report of Investigation of Non-U.S. Unit Publication date: 04-Aug-2004 NEW YORK (Standard & Poor's) Aug. 4, 2004--The Brinks Company (###/Stable/--) today announced preliminary...

  
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Bulletin

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Summary: Brink's Company (The) – 2004/10/05 – US$ 225.00

Brink's Company (The) – 2005/01/18 – US$ 500.00

Summary: Brink's Company (The) – 2005/01/18 – US$ 225.00

Summary: Brink's Company (The) – 2004/06/15 – US$ 225.00

Summary: Brink's Company (The) – 2004/03/05 – US$ 225.00

Summary: Brink's Company (The) – 2003/11/25 – US$ 225.00

Summary: Brink's Company (The) – 2003/07/18 – US$ 225.00

Brink's Company (The) – 2003/07/18 – US$ 500.00

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S&P Global Ratings’ Credit Research. "BULLETIN: Brink's Company (The) Ratings Unchanged by Report of Investigation of Non-U.S. Unit" Aug 04, 2004. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Brink-s-Company-The-Ratings-Unchanged-by-Report-of-Investigation-of-Non-U-S-Unit-388623>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: Brink's Company (The) Ratings Unchanged by Report of Investigation of Non-U.S. Unit Aug 04, 2004. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Brink-s-Company-The-Ratings-Unchanged-by-Report-of-Investigation-of-Non-U-S-Unit-388623>
  
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