Red IntermediateCo LLC (d/b/a Virgin Pulse) Ratings Withdrawn At Issuer's Request - S&P Global Ratings’ Credit Research

Red IntermediateCo LLC (d/b/a Virgin Pulse) Ratings Withdrawn At Issuer's Request

Red IntermediateCo LLC (d/b/a Virgin Pulse) Ratings Withdrawn At Issuer's Request - S&P Global Ratings’ Credit Research
Red IntermediateCo LLC (d/b/a Virgin Pulse) Ratings Withdrawn At Issuer's Request
Published Mar 18, 2024
2 pages (1112 words) — Published Mar 18, 2024
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) March 18, 2024--S&P Global Ratings today withdrew all of its ratings on? Red IntermediateCo LLC (d/b/a Virgin Pulse), including our 'B-' issuer credit rating and 'B-' and 'CCC' issue-level ratings on its first- and second-lien debt, respectively, as the company repaid its entire prior debt after Virgin Pulse merged with HealthComp LLC (not rated). At the time of the withdrawal, our outlook on the company was stable. General Criteria: Environmental, Social, And Governance Principles In Credit Ratings, Oct. 10, 2021 General Criteria: Group Rating Methodology, July 1, 2019 Criteria Corporates General: Corporate Methodology: Ratios And Adjustments, April 1, 2019 General Criteria: Methodology For Linking Long-Term And Short-Term Ratings, April 7, 2017 Criteria

  
Brief Excerpt:

...March 18, 2024 NEW YORK (S&P Global Ratings) March 18, 2024--S&P Global Ratings today withdrew all of its ratings on Red IntermediateCo LLC (d/b/a Virgin Pulse), including our 'B-' issuer credit rating and 'B-' and '###' issue-level ratings on its first- and second-lien debt, respectively, as the company repaid its entire prior debt after Virgin Pulse merged with HealthComp LLC (not rated). At the time of the withdrawal, our outlook on the company was stable....

  
Report Type:

Ratings Action

Issuer
Sector
Global Issuers
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Red IntermediateCo LLC (d/b/a Virgin Pulse) Ratings Withdrawn At Issuer's Request" Mar 18, 2024. Alacra Store. May 03, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Red-IntermediateCo-LLC-d-b-a-Virgin-Pulse-Ratings-Withdrawn-At-Issuer-s-Request-3140220>
  
APA:
S&P Global Ratings’ Credit Research. (). Red IntermediateCo LLC (d/b/a Virgin Pulse) Ratings Withdrawn At Issuer's Request Mar 18, 2024. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Red-IntermediateCo-LLC-d-b-a-Virgin-Pulse-Ratings-Withdrawn-At-Issuer-s-Request-3140220>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.