NEW YORK (Standard&Poor's CreditWire) June 8, 2000--Standard&Poor's today revised its outlook on Jabil Circuit Inc. to positive from stable. At the same time, Standard&Poor's affirmed its double-'B' corporate credit and bank loan ratings on Jabil and its preliminary double-'B'/single-'B'-plus ratings on the company's shelf filing for debt securities and common stock. The outlook revision is based on an enhanced financial profile from its recent $542 million stock offering, which will be used to fund capital expenditures and pay down debt. In addition, the company's consistent operating performance in a rapid growth environment and increased scale of operations strengthen its credit profile. Ratings continue to reflect Jabil's top-tier industry position as a provider of electronic
