CHICAGO (Standard&Poor's) July 8, 2013--Standard&Poor's Ratings Services said today that its ratings and outlook on Philadelphia-based ARAMARK Holdings Corp. (B+/Stable/--) are currently not affected by unconfirmed media reports that the food and support service operator is considering an initial public offering (IPO). Typically, we view IPOs as credit-positive because publicly traded issuers generally exercise less aggressive financial policies than issuers such as ARAMARK that are owned by private equity sponsors. If we had greater certainty that the company was pursuing an IPO, we would likely place the ratings on Credit Watch with positive implications and review its business prospects and future financial policies for a possible upgrade. In our summary analysis on ARAMARK published March 4,
