Home Credit Ratings and Research S&P Global Ratings’ Credit Research Domtar Corp.

Domtar Corp. Upgraded On Improved Financial Risk Profile; Outlook Stable

Published Jul 25, 2008

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Abstract:

TORONTO (Standard&Poor's) July 25, 2008--Standard&Poor's Ratings Services today said it raised the long-term corporate credit rating on Montreal-based Domtar Corp. and its subsidiary Domtar Inc. to 'BB' from 'BB-'. The outlook is stable. At the same time we raised the issue-level ratings on Domtar's senior secured debt to 'BBB-' from 'BB+' (two notches above the corporate credit rating on the company). The '1' recovery rating, indicating the expectation for a very high (90%-100%) recovery in the event of a payment default, is unchanged. We also raised the issue ratings on the company's senior unsecured debt to 'BB-' from 'B+' (one notch below the corporate credit rating on the company). The '5' recovery rating, indicating modest (10%-30%)

Report Type:

Ratings Action

Ticker

UFS

Issuer

Domtar Corp.

GICS

Paper Products (15105020)

Sector

Global Issuers

Country

United States

Region

United States

Format:

PDF

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Summary: Domtar Corp. – 2008/07/25 – US$ 225.00

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MLA:	S&P Global Ratings’ Credit Research. "Domtar Corp. Upgraded On Improved Financial Risk Profile; Outlook Stable" Jul 25, 2008. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Domtar-Corp-Upgraded-On-Improved-Financial-Risk-Profile-Outlook-Stable-661572>

APA:	S&P Global Ratings’ Credit Research. (). Domtar Corp. Upgraded On Improved Financial Risk Profile; Outlook Stable Jul 25, 2008. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Domtar-Corp-Upgraded-On-Improved-Financial-Risk-Profile-Outlook-Stable-661572>

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