BOSTON (S&P Global Ratings) Nov. 2, 2026--S&P Global Ratings today withdrew its'B-'issuer credit rating on FR Refuel LLC at the issuer’s request. At the same time, we discontinued our ‘B-’ issue-level rating and ‘3’ recovery rating on the company’s revolving credit facility and term loan due in 2028 because they were repaid. At the time of withdrawal, our outlook was stable. Criteria Corporates General: Recovery Rating Criteria For Corporate Issuers , March 31, 2026 Criteria Corporates General: Sector-Specific Corporate Methodology , July 7, 2025 Criteria Corporates General: Corporate Methodology , Jan. 7, 2024 Criteria Corporates General: Methodology: Management And Governance Credit Factors For Corporate Entities , Jan. 7, 2024 General Criteria: Environmental, Social, And
