Bulletin: Livingston International Inc.'s Announced Acquisition By Platinum Equity LLC Is Credit Neutral For Now - S&P Global Ratings’ Credit Research

Bulletin: Livingston International Inc.'s Announced Acquisition By Platinum Equity LLC Is Credit Neutral For Now

Bulletin: Livingston International Inc.'s Announced Acquisition By Platinum Equity LLC Is Credit Neutral For Now - S&P Global Ratings’ Credit Research
Bulletin: Livingston International Inc.'s Announced Acquisition By Platinum Equity LLC Is Credit Neutral For Now
Published Feb 21, 2019
2 pages (912 words) — Published Feb 21, 2019
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About This Report

  
Abstract:

TORONTO (S&P Global Ratings) Feb. 21, 2019--S&P Global Ratings today said that its ratings and outlook on Livingston International Inc. (B-/Stable/--) are unchanged at this point following the announcement this morning that private investment firm Platinum Equity LLC has agreed to acquire the company from Sterling Partners and CPP Investment Board. The terms of the deal, including the acquisition price, type of financing, and transaction closing, have yet to be disclosed. If Livingston's capital structure or financial policies change with this transaction, we will review the effect on our ratings on the company.

  
Brief Excerpt:

...TORONTO (S&P Global Ratings) Feb. 21, 2019--S&P Global Ratings today said that its ratings and outlook on Livingston International Inc. (B-/Stable/--) are unchanged at this point following the announcement this morning that private investment firm Platinum Equity LLC has agreed to acquire the company from Sterling Partners and CPP Investment Board. The terms of the deal, including the acquisition price, type of financing, and transaction closing, have yet to be disclosed. If Livingston's capital structure or financial policies change with this transaction, we will review the effect on our ratings on the company. This report does not constitute a rating action....

  
Report Type:

Bulletin

Issuer
Livingston International Inc.
GICS
Air Freight & Logistics (20301010)
Sector
Global Issuers
Country
Canada
Region
Canada
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Livingston International Inc.'s Announced Acquisition By Platinum Equity LLC Is Credit Neutral For Now" Feb 21, 2019. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Livingston-International-Inc-s-Announced-Acquisition-By-Platinum-Equity-LLC-Is-Credit-Neutral-For-Now-2170353>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Livingston International Inc.'s Announced Acquisition By Platinum Equity LLC Is Credit Neutral For Now Feb 21, 2019. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Livingston-International-Inc-s-Announced-Acquisition-By-Platinum-Equity-LLC-Is-Credit-Neutral-For-Now-2170353>
  
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