Eastman Kodak Co. 'B-' Rating Placed On CreditWatch Negative After Announcing Cash Balance Decline - S&P Global Ratings’ Credit Research

Eastman Kodak Co. 'B-' Rating Placed On CreditWatch Negative After Announcing Cash Balance Decline

Eastman Kodak Co. 'B-' Rating Placed On CreditWatch Negative After Announcing Cash Balance Decline - S&P Global Ratings’ Credit Research
Eastman Kodak Co. 'B-' Rating Placed On CreditWatch Negative After Announcing Cash Balance Decline
Published Jan 26, 2011
1104 words — Published Jan 26, 2011
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

U.S. image technology provider Eastman Kodak reported that its cash balance declined to $1.6 billion at Dec. 31, 2010. We are placing our 'B-' rating for the company on CreditWatch with negative implications. The negative CreditWatch implications reflects the potential for a lower rating if we conclude that Kodak's liquidity may not be sufficient for its needs in 2011 and 2012. NEW YORK (Standard&Poor's) Jan. 26, 2011--Standard&Poor's Ratings Services today placed its 'B-' corporate credit rating for Rochester, N.Y.–based Eastman Kodak Co., as well as all related issue-level ratings on the company's debt, on CreditWatch with negative implications. The CreditWatch placement follows Kodak's fourth-quarter earnings announcement. At Dec. 31, 2010, the company's cash balance was $1.6

  
Brief Excerpt:

RESEARCH Eastman Kodak Co. 'B-' Rating Placed On CreditWatch Negative After Announcing Cash Balance Decline Publication date: 26-Jan-2011 Primary Credit Analyst: Tulip Lim, New York (1) 212-438-4061; tulip_lim@standardandpoors.com...

  
Report Type:

Ratings Action

Ticker
EK
Issuer
GICS
Photographic Products (25202020)
Sector
Global Issuers, Structured Finance
Country
Region
Format:
HTML HTML
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Eastman Kodak Co. 'B-' Rating Placed On CreditWatch Negative After Announcing Cash Balance Decline" Jan 26, 2011. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Eastman-Kodak-Co-B-Rating-Placed-On-CreditWatch-Negative-After-Announcing-Cash-Balance-Decline-845064>
  
APA:
S&P Global Ratings’ Credit Research. (). Eastman Kodak Co. 'B-' Rating Placed On CreditWatch Negative After Announcing Cash Balance Decline Jan 26, 2011. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Eastman-Kodak-Co-B-Rating-Placed-On-CreditWatch-Negative-After-Announcing-Cash-Balance-Decline-845064>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.