Research Update: Sabre Industries Inc. Outlook Revised To Positive On Improving Credit Measures; Ratings Affirmed - S&P Global Ratings’ Credit Research

Research Update: Sabre Industries Inc. Outlook Revised To Positive On Improving Credit Measures; Ratings Affirmed

Research Update: Sabre Industries Inc. Outlook Revised To Positive On Improving Credit Measures; Ratings Affirmed - S&P Global Ratings’ Credit Research
Research Update: Sabre Industries Inc. Outlook Revised To Positive On Improving Credit Measures; Ratings Affirmed
Published Oct 12, 2017
9 pages (3326 words) — Published Oct 12, 2017
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

U.S.-based engineered support structure manufacturer Sabre Industries Inc.'s credit measures are improving due to better-than-expected operating results (especially in its Utility Structures segment), as well as because of continued efficiency gains and cost reductions. As a result, we are revising our rating outlook on Sabre to positive from stable and affirming our 'B-' corporate credit rating on the company. At the same time, we are affirming our 'B' issue-level ratings on the company's $65 million revolving credit facility due 2020 and $255 million term loan due 2022. The recovery ratings on the senior secured facilities are unchanged at '2'. The positive outlook reflects our expectations that Sabre's operating performance will continue to improve over the next 12 months, supported by

  
Brief Excerpt:

... Sabre Industries Inc.'s credit measures are improving due to better-than-expected operating results (especially in its Utility Structures segment), as well as because of continued efficiency gains and cost reductions....

  
Report Type:

Research Update

Ticker
Issuer
GICS
Communications Equipment (45201020)
Sector
Global Issuers
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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: Sabre Industries Inc. Outlook Revised To Positive On Improving Credit Measures; Ratings Affirmed" Oct 12, 2017. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Sabre-Industries-Inc-Outlook-Revised-To-Positive-On-Improving-Credit-Measures-Ratings-Affirmed-1930716>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Sabre Industries Inc. Outlook Revised To Positive On Improving Credit Measures; Ratings Affirmed Oct 12, 2017. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Sabre-Industries-Inc-Outlook-Revised-To-Positive-On-Improving-Credit-Measures-Ratings-Affirmed-1930716>
  
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