S&P Places U.S. Foodservice Rtgs on Watch Positive - S&P Global Ratings’ Credit Research

S&P Places U.S. Foodservice Rtgs on Watch Positive

S&P Places U.S. Foodservice Rtgs on Watch Positive - S&P Global Ratings’ Credit Research
S&P Places U.S. Foodservice Rtgs on Watch Positive
Published Nov 20, 1998
Published Nov 20, 1998
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NY -- Standard&Poor's CreditWire 11/20/98 -- Standard&Poor's today placed its ratings of U.S. Foodservice Inc. on CreditWatch with positive implications (see list below). The CreditWatch placement reflects continued improvement in profitability and financial measures, ahead of Standard&Poor's expectations, since the firm's acquisition of Rykoff Sexton in December 1997. Standard&Poor's will review the firm's business and financial strategy, especially its acquisition policy and financial flexibility, over the near term. U.S. Foodservice is a leading broadline distributor of food and related products to restaurants and institutional food service establishments. -- CreditWire RATINGS PLACED ON CREDITWATCH WITH POSITIVE IMPLICATIONS U.S. Foodservice Inc. Corporate credit rating BB- Subordinated debt B

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Food Distributors (30101020)
Sector
Global Issuers
Country
Region
Format:
HTML HTML
Buy Now

More from S&P Global Ratings’ Credit Research

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "S&P Places U.S. Foodservice Rtgs on Watch Positive" Nov 20, 1998. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Places-U-S-Foodservice-Rtgs-on-Watch-Positive-83261>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Places U.S. Foodservice Rtgs on Watch Positive Nov 20, 1998. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Places-U-S-Foodservice-Rtgs-on-Watch-Positive-83261>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.