NEW YORK (Standard&Poor's CreditWire) Oct. 4, 1999--Standard&Poor's today affirmed its double-'B'-minus corporate credit rating, double-'B'-minus bank loan rating, and single-'B' subordinated debt rating for CCPC Holding Co., Inc. Concurrently, the ratings for EKCO Group, Inc. were withdrawn following the completion of the acquisition of EKCO by CCPC Acquisition Corp., the parent of CCPC Holdings Co., Inc., and the successful tender offer for EKCO's $125 million 9.25% series B senior notes due 2006. All ratings are removed from CreditWatch, where they were placed on Aug. 5, 1999. The outlook on CCPC is negative. Total debt is expected to be about $690 million, pro forma for the acquisitions of EKCO and General Housewares Corp. The rating action follows
