NEW YORK (Standard&Poor's) Nov. 24, 2004--Standard&Poor's Ratings Services said today that its 'BB+' corporate credit and other ratings on Roper Industries Inc. remain on CreditWatch with developing implications where they were placed on Oct. 7, 2004. On that date, the diversified industrial company announced it would acquire TransCore Holdings Inc. from an investor group led by KRG Capital Partners LLC in a transaction valued at approximately $600 million. In addition, Standard&Poor's assigned its 'BB+' secured bank loan rating to the company's proposed $955 million senior secured credit facilities due in 2009 and also assigned a recovery rating of '4', indicating the likelihood of a marginal (25%-50%) recovery of principal in the event of a
