S&P Global Ratings expects Sabre Industries Inc. can sustain adjusted leverage of about 5x, backed by better visibility from increased backlogs and somewhat resilient demand, even through challenging macroeconomic conditions. Over the past few quarters profitability improvements and higher sales? volumes from new orders have led to substantial earnings? growth. That combined with the company?s debt-reduction efforts have resulted in adjusted leverage improving to 4.x-5x. As such, we raised our issuer credit ratings on Sabre Industries Inc. to ?B? from ?B-?. At the same time, we raised our issue-level rating on the company?s senior secured debt facilities to ?B? from ?B-?. The stable outlook on Sabre indicates our view that credit measures contain sufficient cushion, even if less favorable business
