Dollar General Corp. Ratings Raised To 'BBB-' From 'BB+'; Outlook Positive - S&P Global Ratings’ Credit Research

Dollar General Corp. Ratings Raised To 'BBB-' From 'BB+'; Outlook Positive

Dollar General Corp. Ratings Raised To 'BBB-' From 'BB+'; Outlook Positive - S&P Global Ratings’ Credit Research
Dollar General Corp. Ratings Raised To 'BBB-' From 'BB+'; Outlook Positive
Published May 18, 2005
454 words — Published May 18, 2005
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NEW YORK (Standard&Poor's) May 18, 2005--Standard&Poor's Ratings Services said today it raised its corporate credit and senior unsecured debt ratings on Goodlettsville, Tenn.-based Dollar General Corp. to an investment-grade 'BBB-' from 'BB+'. The outlook is positive. "The upgrade reflects positive operating performance over the past few years and financial metrics that are consistent with an investment-grade rating," said Standard&Poor's credit analyst Kristi Broderick. The rating is also supported by the final settlement with the SEC regarding the restatement of the company's financial results for the fiscal years 1998 through 2000. The final resolution of the SEC investigation is viewed positively, and Standard&Poor's expects the company to maintain internal controls, financial policies, and

  
Brief Excerpt:

RESEARCH Dollar General Corp. Ratings Raised To '###-' From '##+'; Outlook Positive Publication date: 18-May-2005 NEW YORK (Standard & Poor's) May 18, 2005--Standard & Poor's Ratings Services said today it raised its corporate credit...

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
General Merchandise Stores (25503020)
Sector
Global Issuers , Structured Finance
Country
Region
Format:
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Dollar General Corp. – 2005/05/20 – US$ 500.00

Summary: Dollar General Corp. – 2005/05/20 – US$ 225.00

Summary: Dollar General Corp. – 2005/08/29 – US$ 225.00

Summary: Dollar General Corp. – 2005/11/29 – US$ 225.00

Summary: Dollar General Corp. – 2006/04/07 – US$ 225.00

Summary: Dollar General Corp. – 2004/12/10 – US$ 225.00

Summary: Dollar General Corp. – 2004/09/20 – US$ 225.00

Summary: Dollar General Corp. – 2004/06/18 – US$ 225.00

Summary: Dollar General Corp. – 2004/05/19 – US$ 225.00

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MLA:
S&P Global Ratings’ Credit Research. "Dollar General Corp. Ratings Raised To 'BBB-' From 'BB+'; Outlook Positive" May 18, 2005. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Dollar-General-Corp-Ratings-Raised-To-BBB-From-BB-Outlook-Positive-440550>
  
APA:
S&P Global Ratings’ Credit Research. (). Dollar General Corp. Ratings Raised To 'BBB-' From 'BB+'; Outlook Positive May 18, 2005. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Dollar-General-Corp-Ratings-Raised-To-BBB-From-BB-Outlook-Positive-440550>
  
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