Texas-based utilities and telecommunications structures manufacturer Sabre Industries Inc.'s improved credit metrics are likely to be sustained due to a strong backlog and increased margins. S&P Global Ratings expects the company to maintain adjusted debt leverage below 4x on an ongoing basis, based on our understanding of management's and the sponsor's financial policies. We are raising our issuer credit rating on Sabre to 'B+' from 'B', and raising our issue-level and recovery ratings on Sabre's term loan to 'BB-' and '2' from 'B' and '3'. The stable outlook indicates our expectation that debt to EBITDA should remain below 4x given the company's contracted backlog and positive industry fundamentals. The stable outlook reflects our expectation that leverage will remain below 4x
