NEW YORK (Standard&Poor's) Feb. 4, 2015--Standard&Poor's Ratings Services today said that its ratings and outlook on XPO Logistics Inc. are unaffected by the company's plan to issue $350 million of additional notes under the indenture for its existing $500 million senior unsecured notes due 2019. The 'B' corporate credit rating and stable outlook, as well as the 'B-' issue-level and '5' recovery ratings, are unaffected. The company plans to use proceeds from the debt issuance for general corporate purposes, including acquisitions. Our ratings incorporate an expectation that the company will continue to pursue significant acquisition activity. Prior to the new debt issuance, we had indicated that we believed lenders' recovery prospects would be at the higher
