S&P Rts Coeur D'Alene Mines MARCS `B-r';Outlk to Pos - S&P Global Ratings’ Credit Research

S&P Rts Coeur D'Alene Mines MARCS `B-r';Outlk to Pos

S&P Rts Coeur D'Alene Mines MARCS `B-r';Outlk to Pos - S&P Global Ratings’ Credit Research
S&P Rts Coeur D'Alene Mines MARCS `B-r';Outlk to Pos
Published Mar 08, 1996
Published Mar 08, 1996
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NY -- Standard&Poor's CreditWire 3/7/96 -- Standard&Poor's assigns its single-`B'-minus-r rating to Coeur D'Alene Mines Corp.'s (CDE) proposed $125 million mandatory adjustable redeemable convertible securities (MARCS). Proceeds could be used to fund part of the construction costs for CDE's development project in Alaska or for future acquisitions. At the same time, Standard&Poor's affirms its single-`B'-plus corporate credit rating and its single-`B'-minus subordinated debt rating on the company. Also, the ratings outlook is revised to positive from stable. The ratings reflect CDE's position as a small gold and silver producer whose cash flows are highly dependent on volatile precious metals prices, and whose operations currently lack significant diversity. CDE's main operating mines in Idaho and

  
Report Type:

Ratings Action

Ticker
Issuer
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 Rts Coeur D'Alene Mines MARCS `B-r';Outlk to Pos" Mar 08, 1996. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rts-Coeur-D-Alene-Mines-MARCS-B-r-Outlk-to-Pos-76779>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Rts Coeur D'Alene Mines MARCS `B-r';Outlk to Pos Mar 08, 1996. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rts-Coeur-D-Alene-Mines-MARCS-B-r-Outlk-to-Pos-76779>
  
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.