Research Update: Eastman Kodak Co. $17 Million Industrial Revenue Bonds 'B+' Rating Withdrawn; Issue Defeased - S&P Global Ratings’ Credit Research

Research Update: Eastman Kodak Co. $17 Million Industrial Revenue Bonds 'B+' Rating Withdrawn; Issue Defeased

Research Update: Eastman Kodak Co. $17 Million Industrial Revenue Bonds 'B+' Rating Withdrawn; Issue Defeased - S&P Global Ratings’ Credit Research
Research Update: Eastman Kodak Co. $17 Million Industrial Revenue Bonds 'B+' Rating Withdrawn; Issue Defeased
Published Mar 24, 2006
Published Mar 24, 2006
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Abstract:

On March 24, 2006, Standard&Poor's Ratings Services withdrew its 'B+' rating on Rochester, N.Y.-based Eastman Kodak Co.'s $17 million industrial revenue bonds due 2017 (issued by Calhoun County, S.C.) because the issue has been defeased. The bond is presumably now well protected, but Standard&Poor's lacks the full extent of legal confirmation, which would include company input and would go beyond the basic escrow deposit agreement. Eastman Kodak Co. Corporate credit rating B+/Negative/-- Rating Withdrawn To From $17 mil indust revenue bonds due 2017 NR B+

  
Report Type:

Research Update

Ticker
EK
Issuer
GICS
Photographic Products (25202020)
Sector
Corporations, Global Issuers, High Technology
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Eastman Kodak Co. $17 Million Industrial Revenue Bonds 'B+' Rating Withdrawn; Issue Defeased" Mar 24, 2006. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Eastman-Kodak-Co-17-Million-Industrial-Revenue-Bonds-B-Rating-Withdrawn-Issue-Defeased-499796>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Eastman Kodak Co. $17 Million Industrial Revenue Bonds 'B+' Rating Withdrawn; Issue Defeased Mar 24, 2006. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Eastman-Kodak-Co-17-Million-Industrial-Revenue-Bonds-B-Rating-Withdrawn-Issue-Defeased-499796>
  
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