Consolidated Container 'B-' Corporate Credit Rating Affirmed, Off Watch; Outlook Negative - S&P Global Ratings’ Credit Research

Consolidated Container 'B-' Corporate Credit Rating Affirmed, Off Watch; Outlook Negative

Consolidated Container 'B-' Corporate Credit Rating Affirmed, Off Watch; Outlook Negative - S&P Global Ratings’ Credit Research
Consolidated Container 'B-' Corporate Credit Rating Affirmed, Off Watch; Outlook Negative
Published Nov 02, 2006
Published Nov 02, 2006
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Abstract:

NEW YORK (Standard&Poor's) Nov. 2, 2006--Standard&Poor's Ratings Services said today that it affirmed its ratings on Consolidated Container Co. LLC and removed all ratings from CreditWatch with negative implications, where they were placed on Aug. 23, 2006. The corporate credit rating on Consolidated Container is 'B-'. The CreditWatch placement had followed the company's announcement that it would delay filing its June 30, 2006, 10-Q, due to an evaluation of the accounting implications of a settlement agreement with a customer related to historical bottle and resin supply contracts. The outlook is negative. Atlanta, Ga.-based Consolidated Container had total debt outstanding of about $592 million at June 30, 2006. "The affirmation of the ratings follows Consolidated Container's October

  
Report Type:

Ratings Action

Ticker
15361Z
Issuer
GICS
Metal & Glass Containers (15103010)
Sector
Global Issuers
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Consolidated Container 'B-' Corporate Credit Rating Affirmed, Off Watch; Outlook Negative" Nov 02, 2006. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Consolidated-Container-B-Corporate-Credit-Rating-Affirmed-Off-Watch-Outlook-Negative-542721>
  
APA:
S&P Global Ratings’ Credit Research. (). Consolidated Container 'B-' Corporate Credit Rating Affirmed, Off Watch; Outlook Negative Nov 02, 2006. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Consolidated-Container-B-Corporate-Credit-Rating-Affirmed-Off-Watch-Outlook-Negative-542721>
  
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