Research Update: NEWAsurion Corp. Rated 'B', Lonestar And Asurion Ratings Affirmed; All Outlooks Positive - S&P Global Ratings’ Credit Research

Research Update: NEWAsurion Corp. Rated 'B', Lonestar And Asurion Ratings Affirmed; All Outlooks Positive

Research Update: NEWAsurion Corp. Rated 'B', Lonestar And Asurion Ratings Affirmed; All Outlooks Positive - S&P Global Ratings’ Credit Research
Research Update: NEWAsurion Corp. Rated 'B', Lonestar And Asurion Ratings Affirmed; All Outlooks Positive
Published Feb 26, 2016
Published Feb 26, 2016
Price US$ 225.00  |  Buy this Report Now

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Abstract:

NewAsurion Corp. has a satisfactory business risk profile and a highly leveraged financial risk profile. We are rating NewAsurion 'B', affirming our ratings on Lonestar and Asurion LLC, and affirming all existing debt ratings. The positive outlook reflects our expectations that NewAsurion's continued earnings growth and potential change in ownership structure will result in an improved overall credit profile. On Feb. 26, 2016, Standard&Poor's Rating Services assigned its 'B' long-term corporate credit rating to NEWAsurion Corp. The outlook is positive. At the same time, we revised our outlooks on Lonestar Intermediate Super Holdings LLC (Lonestar; a wholly owned subsidiary of NEWAsurion Corp.) and Asurion LLC to positive from stable. We also affirmed our 'B' long-term corporate credit ratings

  
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Research Update

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Global Issuers
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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: NEWAsurion Corp. Rated 'B', Lonestar And Asurion Ratings Affirmed; All Outlooks Positive" Feb 26, 2016. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-NEWAsurion-Corp-Rated-B-Lonestar-And-Asurion-Ratings-Affirmed-All-Outlooks-Positive-1587290>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: NEWAsurion Corp. Rated 'B', Lonestar And Asurion Ratings Affirmed; All Outlooks Positive Feb 26, 2016. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-NEWAsurion-Corp-Rated-B-Lonestar-And-Asurion-Ratings-Affirmed-All-Outlooks-Positive-1587290>
  
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