Eastman Kodak Co.'s $17 Million Industrial Revenue Bonds Defeased; 'B+' Bond Rating Withdrawn - S&P Global Ratings’ Credit Research

Eastman Kodak Co.'s $17 Million Industrial Revenue Bonds Defeased; 'B+' Bond Rating Withdrawn

Eastman Kodak Co.'s $17 Million Industrial Revenue Bonds Defeased; 'B+' Bond Rating Withdrawn - S&P Global Ratings’ Credit Research
Eastman Kodak Co.'s $17 Million Industrial Revenue Bonds Defeased; 'B+' Bond Rating Withdrawn
Published Mar 24, 2006
Published Mar 24, 2006
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Abstract:

NEW YORK (Standard&Poor's) March 24, 2006--Standard&Poor's Ratings Services said today that it withdrew its 'B+' rating on Rochester, N.Y.-based Eastman Kodak Co.'s (B+/Negative/--) $17 million industrial revenue bonds due 2017 (issued by Calhoun County, S.C.) because the issue has been defeased. The bond is presumably now well protected, but Standard&Poor's lacks the full extent of legal confirmation, which would include company input and would go beyond the basic escrow deposit agreement.

  
Report Type:

Ratings Action

Ticker
EK
Issuer
GICS
Photographic Products (25202020)
Sector
Corporations, Global Issuers, High Technology
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Eastman Kodak Co.'s $17 Million Industrial Revenue Bonds Defeased; 'B+' Bond Rating Withdrawn" Mar 24, 2006. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Eastman-Kodak-Co-s-17-Million-Industrial-Revenue-Bonds-Defeased-B-Bond-Rating-Withdrawn-499795>
  
APA:
S&P Global Ratings’ Credit Research. (). Eastman Kodak Co.'s $17 Million Industrial Revenue Bonds Defeased; 'B+' Bond Rating Withdrawn Mar 24, 2006. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Eastman-Kodak-Co-s-17-Million-Industrial-Revenue-Bonds-Defeased-B-Bond-Rating-Withdrawn-499795>
  
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