Chart Industries Inc. 'BB-' Corporate Credit And Debt Ratings Affirmed; Ratings Then Withdrawn At Issuer's Request

NEW YORK (Standard&Poor's) Jan. 15, 2016--Standard&Poor's Ratings Services today affirmed its 'BB-' corporate credit rating on Garfield Heights, Ohio-based Chart Industries Inc. At the same time, we affirmed our 'BB-' issue-level ratings on the company's subordinated debt, with a '3' recovery rating, indicating our expectation of meaningful recovery (50% to 70%, lower half of the range) in the event of a payment default. We then withdrew the corporate credit and debt ratings at the company's request. RELATED CRITERIA AND RESEARCH Related Criteria Methodology And Assumptions: Liquidity Descriptors for Global Corporate Issuers, Dec. 16, 2014 Revised Revolver Usage Assumptions For Recovery Analysis In Corporate Ratings, Nov. 20, 2014 Key Credit Factors For The Oilfield Services And Equipment

...NEW YORK (Standard & Poor's) Jan. 15, 2016--Standard & Poor's Ratings Services today affirmed its '##-' corporate credit rating on Garfield Heights, Ohio-based Chart Industries Inc. At the same time, we affirmed our '##-' issue-level ratings on the company's subordinated debt, with a '3' recovery rating, indicating our expectation of meaningful recovery (50% to 70%, lower half of the range) in the event of a payment default. We then withdrew the corporate credit and debt ratings at the company's request. RELATED CRITERIA AND RESEARCH Related Criteria + Methodology And Assumptions: Liquidity Descriptors for Global Corporate Issuers, Dec. 16, 2014 + Revised Revolver Usage Assumptions For Recovery Analysis In Corporate Ratings, Nov. 20, 2014 + Key Credit Factors For The Oilfield Services And Equipment Industry, April 16, 2014 + Corporate Methodology, Nov. 19, 2013 + Corporate Methodology: Ratios and Adjustments, Nov. 19, 2013 + General Criteria: Country Risk Assessment Methodology And Assumptions,...

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