Home Credit Ratings and Research S&P Global Ratings’ Credit Research The Brink's Co.

Research Update: Brink's Co. CCR To 'BBB+' From 'BBB', Off Watch; Outlook Stable

Published Feb 17, 2006

1310 words — Published Feb 17, 2006

Price US$ 225.00 | Buy this Report Now

About This Report

Abstract:

On Feb. 17, 2006, Standard&Poor's Ratings Services raised its corporate credit rating on the Brink's Co. to 'BBB+' from 'BBB' and removed the rating from CreditWatch, where it was placed with positive implications on Nov. 16, 2005. The outlook is stable. The rating action follows Standard&Poor's review of the impact of the sale of BAX Global on Brink's business and financial profiles and an assessment of the company's near- to intermediate-term operating outlook. Brink's business and financial profiles have improved as a result of the sale of BAX Global. Not only has Brink's eliminated its exposure to a very cyclical and competitive business, the company now has sufficient funds to significantly reduce debt obligations, and still

Brief Excerpt:

RESEARCH Research Update: Brink's Co. CCR To '###+' From '###', Off Watch; Outlook Stable Publication date: 17-Feb-2006 Credit Rating: ###+/Stable/-- Rationale On Feb. 17, 2006, Standard & Poor's Ratings Services raised its corporate...

Report Type:

Research Update

Ticker

BCO

Issuer

The Brink's Co.

Sector

Global Issuers

Country

United States

Region

United States

Format:

HTML

Brink's Company (The) – 2006/05/03 – US$ 500.00

Summary: Brink's Company (The) – 2006/05/03 – US$ 225.00

Summary: Brink's Company (The) – 2006/08/29 – US$ 225.00

Summary: Brink's Company (The) – 2006/12/11 – US$ 225.00

Bulletin: Investor's Calls For Strategic Changes Does Not Affect Brink's Rating Or Outlook At This Time – 2007/01/08 – Free

Brink's Co. CCR Raised To 'BBB+' From 'BBB', Off Watch; Outlook Stable – 2006/02/17 – US$ 150.00

Brink's Co. Ratings On Watch Positive On Pact To Sell BAX Global – 2005/11/16 – US$ 150.00

Research Update: Brink's Co. Placed On Watch Positive On Pact To Sell BAX Global – 2005/11/16 – US$ 225.00

Summary: Brink's Company (The) – 2005/11/01 – US$ 225.00

Brink's Company (The) – 2005/07/01 – US$ 500.00

More from S&P Global Ratings’ Credit Research

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. "Research Update: Brink's Co. CCR To 'BBB+' From 'BBB', Off Watch; Outlook Stable" Feb 17, 2006. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Brink-s-Co-CCR-To-BBB-From-BBB-Off-Watch-Outlook-Stable-493560>

APA:	S&P Global Ratings’ Credit Research. (). Research Update: Brink's Co. CCR To 'BBB+' From 'BBB', Off Watch; Outlook Stable Feb 17, 2006. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Brink-s-Co-CCR-To-BBB-From-BBB-Off-Watch-Outlook-Stable-493560>

US$ 225.00

$ £ €

Have a Question?

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

Example Report

Click to View Sample Report

More Research

Search all our Credit Research from one place.