Church&Dwight's $250M Secured Debt Rated; Existing Secured Debt Ratings Lowered&Off Watch - S&P Global Ratings’ Credit Research

Church&Dwight's $250M Secured Debt Rated; Existing Secured Debt Ratings Lowered&Off Watch

Church&Dwight's $250M Secured Debt Rated; Existing Secured Debt Ratings Lowered&Off Watch - S&P Global Ratings’ Credit Research
Church&Dwight's $250M Secured Debt Rated; Existing Secured Debt Ratings Lowered&Off Watch
Published Jul 27, 2006
Published Jul 27, 2006
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NEW YORK (Standard&Poor's) July 26, 2006--Standard&Poor's Ratings Services today assigned its loan and recovery ratings to Church&Dwight Co. Inc.'s $250 million senior secured debt due 2012. The loan was rated 'BB' (at the same level as the corporate credit rating on Church&Dwight) with a recovery rating of '2', indicating the expectation for substantial (80%-100%) recovery of principal in the event of a payment default. At the same time, Standard&Poor's lowered its ratings on the company's existing senior secured bank debt and removed them from CreditWatch. The loan rating was lowered to 'BB' from 'BB+', and the recovery rating was revised to '2' from '1'. In addition, these ratings were removed

  
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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Summary: Church&Dwight Co. Inc. – 2006/09/28 – US$ 225.00

Summary: Church&Dwight Co. Inc. – 2006/12/15 – US$ 225.00

Church&Dwight Co. Inc. – 2007/04/12 – US$ 500.00

Summary: Church&Dwight Co. Inc. – 2007/04/12 – US$ 225.00

Summary: Church&Dwight Co. Inc. – 2006/06/29 – US$ 225.00

Church&Dwight Co. Inc. – 2006/04/13 – US$ 500.00

Summary: Church&Dwight Co. Inc. – 2006/04/13 – US$ 225.00

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Church&Dwight's $250M Secured Debt Rated; Existing Secured Debt Ratings Lowered&Off Watch" Jul 27, 2006. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Church-Dwight-s-250M-Secured-Debt-Rated-Existing-Secured-Debt-Ratings-Lowered-Off-Watch-523025>
  
APA:
S&P Global Ratings’ Credit Research. (). Church&Dwight's $250M Secured Debt Rated; Existing Secured Debt Ratings Lowered&Off Watch Jul 27, 2006. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Church-Dwight-s-250M-Secured-Debt-Rated-Existing-Secured-Debt-Ratings-Lowered-Off-Watch-523025>
  
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