Home Credit Ratings and Research S&P Global Ratings’ Credit Research Renfro Corp.

Bulletin: Renfro Corp. Ratings Discontinued Following Acquisition By The Renco Group Inc.

Published Jun 10, 2021

2 pages (898 words) — Published Jun 10, 2021

Price Free | Buy this Report Now

About This Report

Abstract:

NEW YORK (S&P Global Ratings) June 10, 2021--S&P Global Ratings today said that it has discontinued all ratings on Renfro Corp. (CCC-/Negative/--) due to its acquisition by private holding company The Renco Group Inc. All outstanding debts of the company have been satisfied with its acquisition.

Brief Excerpt:

...June 10, 2021 NEW YORK (S&P Global Ratings) June 10, 2021--S&P Global Ratings today said that it has discontinued all ratings on Renfro Corp. (###-/Negative/--) due to its acquisition by private holding company The Renco Group Inc. All outstanding debts of the company have been satisfied with its acquisition....

Report Type:

Bulletin

Ticker

29655Z

Issuer

Renfro Corp.

GICS

Footwear (25203020)

Sector

Global Issuers

Country

United States

Region

United States

Format:

PDF

Research Update: Renfro Corp. Upgraded To 'CCC-' From 'SD', Outlook Negative; $10 Million Super Priming Term Loan Rated 'CCC+' – 2021/02/22 – US$ 225.00

Research Update: Renfro Corp. Downgraded To 'SD' From 'CCC-' On Super-Priming Term Loan Issuance; Priming Term Loan Rating Lowered To 'D' – 2021/02/19 – US$ 225.00

Research Update: Renfro Corp. Upgraded To 'CCC-' From 'SD', Outlook Negative; Term Loan Rating Raised To 'CC'; New Priming Loan Rated – 2020/07/23 – US$ 225.00

Research Update: U.S.-Based Sock Manufacturer Renfro Corp. Downgraded To 'SD' From 'CCC-' On Distressed Debt Transaction – 2020/07/20 – US$ 225.00

Research Update: Renfro Corp. Ratings Lowered To 'CCC' On Liquidity Pressure And Debt Maturities; Outlook Negative; Debt Ratings Lowered – 2020/01/31 – US$ 225.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author

Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Bulletin: Renfro Corp. Ratings Discontinued Following Acquisition By The Renco Group Inc." Jun 10, 2021. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Renfro-Corp-Ratings-Discontinued-Following-Acquisition-By-The-Renco-Group-Inc-2664677>

APA:	S&P Global Ratings’ Credit Research. (). Bulletin: Renfro Corp. Ratings Discontinued Following Acquisition By The Renco Group Inc. Jun 10, 2021. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Renfro-Corp-Ratings-Discontinued-Following-Acquisition-By-The-Renco-Group-Inc-2664677>

Free

$ £ €

Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

Example Report

Click to View Sample Report

More Research

Search all our Credit Research from one place.