Research Update: American Rock Salt Co. LLC 'B-' Rating Outlook Revised To Positive From Stable - S&P Global Ratings’ Credit Research

Research Update: American Rock Salt Co. LLC 'B-' Rating Outlook Revised To Positive From Stable

Research Update: American Rock Salt Co. LLC 'B-' Rating Outlook Revised To Positive From Stable - S&P Global Ratings’ Credit Research
Research Update: American Rock Salt Co. LLC 'B-' Rating Outlook Revised To Positive From Stable
Published May 23, 2008
1248 words — Published May 23, 2008
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Abstract:

On May 23, 2008, Standard&Poor's Ratings Services revised its outlook on American Rock Salt Co. LLC (ARSC) to positive from stable. At the same time, we affirmed the ratings on the company, including the 'B-' corporate credit rating. The outlook revision reflects the company's improved credit metrics and enhanced liquidity because of strong results in the past few quarters resulting from severe winter weather in the northeastern U.S. In addition, we expect that ARSC's stronger liquidity position will provide a cushion against potentially milder-than-usual weather next winter. The rating on Mount Morris, N.Y.-based ARSC reflects the company's limited diversity because of its reliance on a single mine to produce its primary product (highway deicing salt), which heightens the

  
Brief Excerpt:

RESEARCH Research Update: American Rock Salt Co. LLC 'B-' Rating Outlook Revised To Positive From Stable Publication date: 23-May-2008 Primary Credit Analyst: Anna Alemani, New York (1) (212) 438 5488; anna_alemani@standardandpoors.com...

  
Report Type:

Research Update

Issuer
GICS
Diversified Metals & Mining (15104020)
Sector
Global Issuers
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: American Rock Salt Co. LLC 'B-' Rating Outlook Revised To Positive From Stable" May 23, 2008. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-American-Rock-Salt-Co-LLC-B-Rating-Outlook-Revised-To-Positive-From-Stable-650199>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: American Rock Salt Co. LLC 'B-' Rating Outlook Revised To Positive From Stable May 23, 2008. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-American-Rock-Salt-Co-LLC-B-Rating-Outlook-Revised-To-Positive-From-Stable-650199>
  
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