Carestream Health Assigned 'B+' Credit Rating, First- And Second-Lien Credit Facilities Rated - S&P Global Ratings’ Credit Research

Carestream Health Assigned 'B+' Credit Rating, First- And Second-Lien Credit Facilities Rated

Carestream Health Assigned 'B+' Credit Rating, First- And Second-Lien Credit Facilities Rated - S&P Global Ratings’ Credit Research
Carestream Health Assigned 'B+' Credit Rating, First- And Second-Lien Credit Facilities Rated
Published Mar 07, 2007
610 words — Published Mar 07, 2007
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) March 7, 2007--Standard&Poor's Ratings Services assigned its 'B+' corporate credit rating to Rochester, N.Y.-based Carestream Health Inc. At the same time, 'B+' bank loan ratings (the same as the corporate credit rating) and '2' recovery ratings were assigned to the company's proposed $150 million revolving credit facility and $1.5 billion first-lien senior secured term loan, indicating expectation of substantial recovery of principal (80%-100%) in the event of a default. In addition, Standard&Poor's assigned its 'B' bank loan rating (one notch lower than the corporate credit rating) and '3' recovery rating to the company's $440 million second-lien senior secured term loan, indicating meaningful (50%-80%) recovery of principal in the event of a

  
Brief Excerpt:

RESEARCH Carestream Health Assigned 'B+' Credit Rating, First- And Second-Lien Credit Facilities Rated Publication date: 07-Mar-2007 NEW YORK (Standard & Poor's) March 7, 2007--Standard & Poor's Ratings Services assigned its 'B+' corporate...

  
Report Type:

Ratings Action

Ticker
923118Z
Issuer
Carestream Health Inc.
GICS
Health Care Equipment (35101010)
Sector
Global Issuers
Country
United States
Region
United States
Format:
HTML HTML
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Carestream Health Inc. – 2007/03/27 – US$ 500.00

Summary: Carestream Health Inc. – 2007/12/05 – US$ 225.00

Summary: Carestream Health Inc. – 2008/02/29 – US$ 225.00

Carestream Health Inc. – 2008/03/28 – US$ 500.00

Summary: Carestream Health Inc. – 2008/03/28 – US$ 225.00

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MLA:
S&P Global Ratings’ Credit Research. "Carestream Health Assigned 'B+' Credit Rating, First- And Second-Lien Credit Facilities Rated" Mar 07, 2007. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Carestream-Health-Assigned-B-Credit-Rating-First-And-Second-Lien-Credit-Facilities-Rated-565601>
  
APA:
S&P Global Ratings’ Credit Research. (). Carestream Health Assigned 'B+' Credit Rating, First- And Second-Lien Credit Facilities Rated Mar 07, 2007. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Carestream-Health-Assigned-B-Credit-Rating-First-And-Second-Lien-Credit-Facilities-Rated-565601>
  
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