Bulletin: Darden Restaurants Inc. Ratings Unaffected By Barington Capital Group's Reported Stake In Darden's Common Stock - S&P Global Ratings’ Credit Research

Bulletin: Darden Restaurants Inc. Ratings Unaffected By Barington Capital Group's Reported Stake In Darden's Common Stock

Bulletin: Darden Restaurants Inc. Ratings Unaffected By Barington Capital Group's Reported Stake In Darden's Common Stock - S&P Global Ratings’ Credit Research
Bulletin: Darden Restaurants Inc. Ratings Unaffected By Barington Capital Group's Reported Stake In Darden's Common Stock
Published Oct 10, 2013
Published Oct 10, 2013
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Abstract:

NEW YORK (Standard&Poor's) Oct. 10, 2013--Standard&Poor's Ratings Services said today that published reports stating that Barington Capital Group LP has taken a low-single-digit stake in Darden Restaurants Inc.'s common stock has no immediate impact on our 'BBB-' corporate credit rating or the stable outlook on Darden. We assume Barington will pursue conversations with Darden regarding possible strategic or financial initiatives to enhance shareholder value, but we think it is uncertain at this point if any initiatives will be pursued and what the potential impact of these initiatives would be on Daren's financial or business risk profiles. Still, pursuit of such initiatives, if they occur, could cause us to place the ratings on CreditWatch and potentially revise

  
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Bulletin

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GICS
Restaurants (25301040)
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Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Darden Restaurants Inc. Ratings Unaffected By Barington Capital Group's Reported Stake In Darden's Common Stock" Oct 10, 2013. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Darden-Restaurants-Inc-Ratings-Unaffected-By-Barington-Capital-Group-s-Reported-Stake-In-Darden-s-Common-Stock-1202287>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Darden Restaurants Inc. Ratings Unaffected By Barington Capital Group's Reported Stake In Darden's Common Stock Oct 10, 2013. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Darden-Restaurants-Inc-Ratings-Unaffected-By-Barington-Capital-Group-s-Reported-Stake-In-Darden-s-Common-Stock-1202287>
  
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