Consolidated Container Co. LLC Outlook Revised To Stable From Positive; 'B-' Rating Affirmed - S&P Global Ratings’ Credit Research

Consolidated Container Co. LLC Outlook Revised To Stable From Positive; 'B-' Rating Affirmed

Consolidated Container Co. LLC Outlook Revised To Stable From Positive; 'B-' Rating Affirmed - S&P Global Ratings’ Credit Research
Consolidated Container Co. LLC Outlook Revised To Stable From Positive; 'B-' Rating Affirmed
Published Apr 29, 2008
Published Apr 29, 2008
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Abstract:

NEW YORK (Standard&Poor's) April 29, 2008--Standard&Poor's Ratings Services said today that it revised its outlook on Consolidated Container Co. LLC to stable from positive. At the same time, we affirmed our ratings on the company, including the 'B-' long-term corporate credit rating. "The outlook revision reflects the company's weaker-than-expected earnings performance and higher-than-expected debt leverage, both of which reduce the likelihood of an upgrade over the near term," said Standard&Poor's credit analyst Liley Mehta. We expect the company's operating results in 2008 to remain pressured by weaker demand in dairy, beverage, and food categories as consumer spending is squeezed by higher energy costs, higher food prices, and, to a certain extent, home-mortgage-related costs. The

  
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 Co. LLC Outlook Revised To Stable From Positive; 'B-' Rating Affirmed" Apr 29, 2008. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Consolidated-Container-Co-LLC-Outlook-Revised-To-Stable-From-Positive-B-Rating-Affirmed-645502>
  
APA:
S&P Global Ratings’ Credit Research. (). Consolidated Container Co. LLC Outlook Revised To Stable From Positive; 'B-' Rating Affirmed Apr 29, 2008. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Consolidated-Container-Co-LLC-Outlook-Revised-To-Stable-From-Positive-B-Rating-Affirmed-645502>
  
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