On April 26, 2010, U.S. alarm monitoring company PONE announced an agreement to be acquired by a private investor group for $828 million in cash, a deal that will moderately increase the company's leverage. We are removing the ratings from CreditWatch and affirming the 'B+' corporate credit rating on the company. We are also assigning a 'BB' rating to PONE's proposed senior secured credit facility, with a recovery rating of '1'. The stable outlook reflects PONE's relatively stable operating performance during the recent downturn and our expectation of continued free operating cash flow generation. NEW YORK (Standard&Poor's) May 11, 2010--Standard&Poor's Ratings Services said today it affirmed its 'B+' corporate credit rating on Lawrence, Kan.-based alarm monitoring
