NY -- Standard & Poor's CreditWire 11/14/96 -- Standard & Poor's today has assigned its single-`B'-plus rating to Kaufman & Broad Home Corp.'s $125 million 9 3/8% senior subordinated notes due 2006. Standard & Poor's has affirmed its ratings on the company as follows: -- Issuer credit rating at double-`B', -- $100 million 10 3/8% senior notes due 1999 at double-`B', -- $173 million 9 3/8% senior subordinated notes due 2003 at single-`B'-plus, and -- $200 million mixed Rule 415 shelf at preliminary double-`B'/ single-`B'-plus. The rating outlook remains stable. Ratings reflect this homebuilder's strong business position -- which is benefiting from 1995's aggressive diversification push and a slowly recovering California economy -- and a steadily improving financial risk profile.
