Research Update: Dollar Tree Inc. Upgraded To 'BB+' On Continued Debt Reduction, Outlook Stable; Issue-Level Ratings Also Raised - S&P Global Ratings’ Credit Research

Research Update: Dollar Tree Inc. Upgraded To 'BB+' On Continued Debt Reduction, Outlook Stable; Issue-Level Ratings Also Raised

Research Update: Dollar Tree Inc. Upgraded To 'BB+' On Continued Debt Reduction, Outlook Stable; Issue-Level Ratings Also Raised - S&P Global Ratings’ Credit Research
Research Update: Dollar Tree Inc. Upgraded To 'BB+' On Continued Debt Reduction, Outlook Stable; Issue-Level Ratings Also Raised
Published Jan 29, 2016
Published Jan 29, 2016
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About This Report

  
Abstract:

Discount retailer Dollar Tree Inc. continues to integrate its Family Dollar Stores Inc. acquisition and improve credit metrics in line with our expectations, including its latest term loan reduction . We are raising our corporate credit rating on Dollar Tree to 'BB+' from 'BB'. We are raising our issue-level ratings on the company's senior secured credit facilities and legacy Family Dollar notes to 'BBB' in conjunction with the revised recovery rating to '1'. We are also raising our ratings on the company's senior unsecured notes to 'BB-' and the recovery rating remains '6'. The stable outlook reflects our view that Dollar Tree will continue to report strong revenue growth and realize additional synergies from its Family Dollar acquisition in addition

  
Report Type:

Research Update

Issuer
GICS
General Merchandise Stores (25503020)
Sector
Global Issuers
Country
Region
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Dollar Tree Inc. Upgraded To 'BB+' On Continued Debt Reduction, Outlook Stable; Issue-Level Ratings Also Raised" Jan 29, 2016. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Dollar-Tree-Inc-Upgraded-To-BB-On-Continued-Debt-Reduction-Outlook-Stable-Issue-Level-Ratings-Also-Raised-1570060>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Dollar Tree Inc. Upgraded To 'BB+' On Continued Debt Reduction, Outlook Stable; Issue-Level Ratings Also Raised Jan 29, 2016. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Dollar-Tree-Inc-Upgraded-To-BB-On-Continued-Debt-Reduction-Outlook-Stable-Issue-Level-Ratings-Also-Raised-1570060>
  
US$ 225.00
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