Research Update: Bowlmor AMF Corp. Assigned 'B' Corporate Credit Rating; Outlook Stable; New Debt Rated - S&P Global Ratings’ Credit Research

Research Update: Bowlmor AMF Corp. Assigned 'B' Corporate Credit Rating; Outlook Stable; New Debt Rated

Research Update: Bowlmor AMF Corp. Assigned 'B' Corporate Credit Rating; Outlook Stable; New Debt Rated - S&P Global Ratings’ Credit Research
Research Update: Bowlmor AMF Corp. Assigned 'B' Corporate Credit Rating; Outlook Stable; New Debt Rated
Published Oct 16, 2013
Published Oct 16, 2013
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Mechanicsville, Va.-based Bowlmor AMF Corp. was formed in July 2013 following a merger with AMF Bowling Worldwide Inc. (AMF), when AMF emerged from bankruptcy. We are assigning the company our 'B' corporate credit rating, and assigning the senior secured credit facilities issued by the AMF Bowling Centers Inc. subsidiary our 'B' issue-level rating, with a recovery rating of '3'. The stable rating outlook reflects our expectation that the company will generate levels of cash flow sufficient to meet its capital requirements and maintain total interest coverage above 1.5x. On Oct. 16, 2013, Standard&Poor's Ratings Services assigned Bowlmor AMF Corp. a 'B' corporate credit rating. The outlook is stable. At the same time, we assigned AMF Bowling Centers Inc.

  
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Research Update

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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Bowlmor AMF Corp. Assigned 'B' Corporate Credit Rating; Outlook Stable; New Debt Rated" Oct 16, 2013. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Bowlmor-AMF-Corp-Assigned-B-Corporate-Credit-Rating-Outlook-Stable-New-Debt-Rated-1204136>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Bowlmor AMF Corp. Assigned 'B' Corporate Credit Rating; Outlook Stable; New Debt Rated Oct 16, 2013. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Bowlmor-AMF-Corp-Assigned-B-Corporate-Credit-Rating-Outlook-Stable-New-Debt-Rated-1204136>
  
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