Church&Dwight Co. Upgraded To 'BB+' Rating; Outlook Stable - S&P Global Ratings’ Credit Research

Church&Dwight Co. Upgraded To 'BB+' Rating; Outlook Stable

Church&Dwight Co. Upgraded To 'BB+' Rating; Outlook Stable - S&P Global Ratings’ Credit Research
Church&Dwight Co. Upgraded To 'BB+' Rating; Outlook Stable
Published May 05, 2008
Published May 05, 2008
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About This Report

  
Abstract:

NEW YORK (Standard&Poor's) May 5, 2008--Standard&Poor's Ratings Services said today it raised its corporate credit rating on Church&Dwight Co. Inc. to 'BB+' from 'BB', and assigned a 'BBB' senior secured debt and '1' recovery rating to the company's planned up to $250 million term loan A facility. (For the complete recovery analysis, see Standard&Poor's recovery report on Church&Dwight, to be published on RatingsDirect immediately following the release of this report.) In addition, Standard&Poor's raised all of its existing issue-level ratings on the company by one notch, and removed the existing ratings from CreditWatch, where they were placed with positive implication on April 1, 2008. The outlook is stable.

  
Report Type:

Ratings Action

Ticker
CHD
Issuer
Church&Dwight Co. Inc.
GICS
Household Products (30301010)
Sector
Global Issuers
Country
United States
Region
United States
Format:
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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.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Church&Dwight Co. Upgraded To 'BB+' Rating; Outlook Stable" May 05, 2008. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Church-Dwight-Co-Upgraded-To-BB-Rating-Outlook-Stable-646513>
  
APA:
S&P Global Ratings’ Credit Research. (). Church&Dwight Co. Upgraded To 'BB+' Rating; Outlook Stable May 05, 2008. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Church-Dwight-Co-Upgraded-To-BB-Rating-Outlook-Stable-646513>
  
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