Research Update: Survey Sampling International LLC Assigned Preliminary 'B' Corporate Credit Rating; Outlook Stable - S&P Global Ratings’ Credit Research

Research Update: Survey Sampling International LLC Assigned Preliminary 'B' Corporate Credit Rating; Outlook Stable

Research Update: Survey Sampling International LLC Assigned Preliminary 'B' Corporate Credit Rating; Outlook Stable - S&P Global Ratings’ Credit Research
Research Update: Survey Sampling International LLC Assigned Preliminary 'B' Corporate Credit Rating; Outlook Stable
Published Nov 18, 2014
7 pages (2485 words) — Published Nov 18, 2014
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

U.S.-based global provider of market opinions Survey Sampling International LLC (SSI) is putting in place $337 million senior secured credit facilities. We are assigning our preliminary 'B' corporate credit rating to the company. We are also assigning our preliminary 'B' issue-level and preliminary '3' recovery ratings to the company's $233 million senior secured first-lien credit facility, and our preliminary 'CCC+' issue-level and preliminary '6' recovery ratings to its $104 million second-lien credit facility. The stable outlook reflects our expectation that SSI will continue to grow its core revenue and EBITDA and improve its credit metrics while maintaining adequate liquidity. On Nov. 18, 2014, Standard&Poor's Ratings Services assigned its preliminary 'B' corporate credit rating to Connecticut-based data collection company

  
Brief Excerpt:

...(Editor's Note: In the report published Nov. 18, 2014, we incorrectly stated that the recovery expectation for the first-lien debt was at the low end of the range. A corrected version follows.)...

  
Report Type:

Research Update

Issuer
GICS
Data Processing & Outsourced Services (45102020)
Sector
Global Issuers
Country
Region
Format:
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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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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Survey Sampling International LLC Assigned Preliminary 'B' Corporate Credit Rating; Outlook Stable" Nov 18, 2014. Alacra Store. May 03, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Survey-Sampling-International-LLC-Assigned-Preliminary-B-Corporate-Credit-Rating-Outlook-Stable-1371653>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Survey Sampling International LLC Assigned Preliminary 'B' Corporate Credit Rating; Outlook Stable Nov 18, 2014. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Survey-Sampling-International-LLC-Assigned-Preliminary-B-Corporate-Credit-Rating-Outlook-Stable-1371653>
  
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