Research Update: LSF9 Atlantis Holdings LLC Outlook Revised to Positive On Expected Deleveraging And Sound Performance; Ratings Affirmed - S&P Global Ratings’ Credit Research

Research Update: LSF9 Atlantis Holdings LLC Outlook Revised to Positive On Expected Deleveraging And Sound Performance; Ratings Affirmed

Research Update: LSF9 Atlantis Holdings LLC Outlook Revised to Positive On Expected Deleveraging And Sound Performance; Ratings Affirmed - S&P Global Ratings’ Credit Research
Research Update: LSF9 Atlantis Holdings LLC Outlook Revised to Positive On Expected Deleveraging And Sound Performance; Ratings Affirmed
Published Nov 21, 2022
7 pages (2767 words) — Published Nov 21, 2022
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

U.S.-based LSF9 Atlantis Holdings LLC (Victra) has reported positive operating performance following its acquisition of Go Wireless earlier this year. As a result, we revised the outlook on Victra to positive from stable reflecting our expectation that the company will maintain strong cash flow generation and improve its credit metrics. At the same time, we affirmed our 'B' issuer credit rating on the company and 'B' issue-level rating on its senior secured debt. The positive outlook reflects the potential for a higher rating over the next 12 months if Victra maintains its momentum and continues to focus on deleveraging. The positive outlook reflects our expectation for positive operating performance as the company continues to grow its EBITDA base while prioritizing

  
Brief Excerpt:

...- U.S.-based LSF9 Atlantis Holdings LLC (Victra) has reported positive operating performance following its acquisition of Go Wireless earlier this year. - As a result, we revised the outlook on Victra to positive from stable reflecting our expectation that the company will maintain strong cash flow generation and improve its credit metrics. - At the same time, we affirmed our 'B' issuer credit rating on the company and 'B' issue-level rating on its senior secured debt. - The positive outlook reflects the potential for a higher rating over the next 12 months if Victra maintains its momentum and continues to focus on deleveraging....

  
Report Type:

Research Update

Ticker
1498688D
Issuer
Sector
Global Issuers
Country
Region
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: LSF9 Atlantis Holdings LLC Outlook Revised to Positive On Expected Deleveraging And Sound Performance; Ratings Affirmed" Nov 21, 2022. Alacra Store. May 01, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-LSF9-Atlantis-Holdings-LLC-Outlook-Revised-to-Positive-On-Expected-Deleveraging-And-Sound-Performance-Ratings-Affirmed-2919999>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: LSF9 Atlantis Holdings LLC Outlook Revised to Positive On Expected Deleveraging And Sound Performance; Ratings Affirmed Nov 21, 2022. New York, NY: Alacra Store. Retrieved May 01, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-LSF9-Atlantis-Holdings-LLC-Outlook-Revised-to-Positive-On-Expected-Deleveraging-And-Sound-Performance-Ratings-Affirmed-2919999>
  
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