Berry Plastics Corp. Outlook Revised To Positive From Stable; 'B' Rating Affirmed - S&P Global Ratings’ Credit Research

Berry Plastics Corp. Outlook Revised To Positive From Stable; 'B' Rating Affirmed

Berry Plastics Corp. Outlook Revised To Positive From Stable; 'B' Rating Affirmed - S&P Global Ratings’ Credit Research
Berry Plastics Corp. Outlook Revised To Positive From Stable; 'B' Rating Affirmed
Published Jan 16, 2014
Published Jan 16, 2014
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Abstract:

U.S.-based Berry Plastics Corp.'s improving operating trends and debt reduction will result in better credit metrics in our view. We affirmed our 'B' corporate credit rating and all other ratings on the company and revised the outlook to positive from stable. The positive outlook reflects the potential for a higher rating based on our expectation of gradually improving operating trends and debt reduction resulting in a stronger financial profile. NEW YORK (Standard&Poor's) Jan. 16, 2014--Standard&Poor's Ratings Services today revised its outlook on Evansville, Ind.-based plastic packaging producer Berry Plastics Corp. to positive from stable. At the same time, we affirmed our 'B' corporate credit rating on the company. We affirmed the 'B+' issue ratings on Berry's

  
Report Type:

Ratings Action

Ticker
5719Z
Issuer
GICS
Metal & Glass Containers (15103010)
Sector
Global Issuers
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Berry Plastics Corp. Outlook Revised To Positive From Stable; 'B' Rating Affirmed" Jan 16, 2014. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Berry-Plastics-Corp-Outlook-Revised-To-Positive-From-Stable-B-Rating-Affirmed-1244707>
  
APA:
S&P Global Ratings’ Credit Research. (). Berry Plastics Corp. Outlook Revised To Positive From Stable; 'B' Rating Affirmed Jan 16, 2014. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Berry-Plastics-Corp-Outlook-Revised-To-Positive-From-Stable-B-Rating-Affirmed-1244707>
  
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