...+ U.S.-based media delivery, payment solution, and marketing services provider Harland Clarke Holdings Corp. (HCHC) announced that it intends to acquire U.S.-based online coupon site RetailMeNot Inc. for $630 million. + The company hasn't disclosed how it plans to finance the transaction, but we expect it expect it to use debt to finance a portion of the purchase price. + We are placing our ratings on HCHC, including the 'B+' corporate credit rating, on CreditWatch with negative implications. + The CreditWatch placement reflects the possibility that we could downgrade HCHC by one notch, depending on its pro forma leverage and liquidity. NEW YORK (S&P Global Ratings) April 12, 2017--S&P Global Ratings said today that it placed its ratings, including the 'B+' corporate credit rating, on U.S.-based media delivery, payment solution, and marketing services provider Harland Clarke Holdings Corp. (HCHC), on CreditWatch with negative implications. "The CreditWatch placement follows HCHC's announcement...
