Research Update: Consolidated Container Co. LLC Ratings Placed On CreditWatch Positive On Announcement Of Acquisition By Loews Corp. - S&P Global Ratings’ Credit Research

Research Update: Consolidated Container Co. LLC Ratings Placed On CreditWatch Positive On Announcement Of Acquisition By Loews Corp.

Research Update: Consolidated Container Co. LLC Ratings Placed On CreditWatch Positive On Announcement Of Acquisition By Loews Corp. - S&P Global Ratings’ Credit Research
Research Update: Consolidated Container Co. LLC Ratings Placed On CreditWatch Positive On Announcement Of Acquisition By Loews Corp.
Published Apr 12, 2017
5 pages (1425 words) — Published Apr 12, 2017
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Loews Corp. has announced that it plans to acquire Consolidated Container Co. LLC. Therefore, we are placing all of our ratings on Consolidated Container Co. LLC on CreditWatch with positive implications. Upon the close of the transaction, we will assess whether Loews would potentially provide parental support to Consolidated Container and will review any material changes to the company's strategic or financial policy. On April 12, 2017, S&P Global Ratings placed its 'B-' corporate credit rating on Consolidated Container Co. LLC on CreditWatch with positive implications. At the same time, we placed all of our issue-level ratings on the company's existing debt on CreditWatch with positive implications. We are placing our ratings on Consolidated Container Co. LLC on CreditWatch positive

  
Brief Excerpt:

...Therefore, we are placing all of our ratings on Consolidated Container Co. LLC on CreditWatch with positive implications....

  
Report Type:

Research Update

Ticker
15361Z
Issuer
Consolidated Container Co. LLC
GICS
Metal & Glass Containers (15103010)
Sector
Global Issuers, Structured Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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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.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Consolidated Container Co. LLC Ratings Placed On CreditWatch Positive On Announcement Of Acquisition By Loews Corp." Apr 12, 2017. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Consolidated-Container-Co-LLC-Ratings-Placed-On-CreditWatch-Positive-On-Announcement-Of-Acquisition-By-Loews-Corp-1830827>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Consolidated Container Co. LLC Ratings Placed On CreditWatch Positive On Announcement Of Acquisition By Loews Corp. Apr 12, 2017. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Consolidated-Container-Co-LLC-Ratings-Placed-On-CreditWatch-Positive-On-Announcement-Of-Acquisition-By-Loews-Corp-1830827>
  
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