Research Update: Dollar General Corp. Ratings Remain On CreditWatch Negative Given Latest Family Dollar Acquisition Proposal - S&P Global Ratings’ Credit Research

Research Update: Dollar General Corp. Ratings Remain On CreditWatch Negative Given Latest Family Dollar Acquisition Proposal

Research Update: Dollar General Corp. Ratings Remain On CreditWatch Negative Given Latest Family Dollar Acquisition Proposal - S&P Global Ratings’ Credit Research
Research Update: Dollar General Corp. Ratings Remain On CreditWatch Negative Given Latest Family Dollar Acquisition Proposal
Published Sep 02, 2014
1412 words — Published Sep 02, 2014
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Abstract:

Dollar General Corp. announced today that it is increasing its all-cash proposal for Family Dollar Stores Inc. to $80 per share from the $78.50-per-share offer last month and is increasing the number of stores it is willing to divest to obtain antitrust approval. The ratings on Dollar General, including the 'BBB-' corporate credit rating and 'BBB-' issue-level ratings on the company's senior unsecured debt, remain on CreditWatch with negative implications, where we placed them on Aug. 18, 2014. We expect to resolve the CreditWatch placement closer to the final outcome of this bidding process for Family Dollar, which announced a definitive merger agreement with Dollar Tree Inc. in July. On Sept. 2, 2014, Standard&Poor's Ratings Services said its

  
Brief Excerpt:

RESEARCH Research Update: Dollar General Corp. Ratings Remain On CreditWatch Negative Given Latest Family Dollar Acquisition Proposal Publication date: 02-Sep-2014 Primary Credit Analyst: Diya G Iyer, New York (1) 212-438-4001; diya.iyer@standardandpoor...

  
Report Type:

Research Update

Ticker
Issuer
GICS
General Merchandise Stores (25503020)
Sector
Global Issuers , Structured Finance
Country
Region
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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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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Dollar General Corp. Ratings Remain On CreditWatch Negative Given Latest Family Dollar Acquisition Proposal" Sep 02, 2014. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Dollar-General-Corp-Ratings-Remain-On-CreditWatch-Negative-Given-Latest-Family-Dollar-Acquisition-Proposal-1356730>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Dollar General Corp. Ratings Remain On CreditWatch Negative Given Latest Family Dollar Acquisition Proposal Sep 02, 2014. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Dollar-General-Corp-Ratings-Remain-On-CreditWatch-Negative-Given-Latest-Family-Dollar-Acquisition-Proposal-1356730>
  
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