Global can maker Crown's financial profile has been strengthening due to solid operating performance and meaningful debt reduction. As a result, we are affirming all our ratings on Crown, including the 'BB' corporate credit rating, and revising the outlook to positive from stable. We could raise the ratings within the next several quarters if the company continues to reduce debt, and demonstrates that it has the capacity to achieve and maintain a funds from operations (FFO) to total adjusted debt ratio at or above 20%. NEW YORK (Standard&Poor's) March 25, 2010--Standard&Poor's Ratings Services said today that it affirmed all its ratings on Philadelphia-based Crown Holdings Inc., including the 'BB' corporate credit rating, and revised the outlook