S&PCORRECT: Jabil Circuit Inc. Assigned 'BB+' on Senior Unsecured Notes, Bank Loan Rating - S&P Global Ratings’ Credit Research

S&PCORRECT: Jabil Circuit Inc. Assigned 'BB+' on Senior Unsecured Notes, Bank Loan Rating

S&PCORRECT: Jabil Circuit Inc. Assigned 'BB+' on Senior Unsecured Notes, Bank Loan Rating - S&P Global Ratings’ Credit Research
S&PCORRECT: Jabil Circuit Inc. Assigned 'BB+' on Senior Unsecured Notes, Bank Loan Rating
Published Jul 14, 2003
Published Jul 14, 2003
Price US$ 150.00  |  Buy this Report Now

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Abstract:

(Editor's note: A version of this article published earlier today carried an error in the headline. Here is the corrected version.) NEW YORK (Standard&Poor's) July 14, 2003--Standard&Poor's Ratings Services said today that it assigned its 'BB+' rating to Jabil Circuit Inc.'s proposed $300 million senior unsecured notes due 2010 and its 'BB+' senior unsecured bank loan rating to the company's $400 million revolving credit facility due 2005. Jabil's $400 million credit facility amends and replaces its existing $600 million credit facility. Proceeds from the notes issue would be used to repay the company's $100 million outstanding term loan, issued under the existing facility, and to fund working capital and possible acquisitions. At the same time, Standard

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Electronic Manufacturing Services (45203020)
Sector
Global Issuers , Structured Finance
Country
Region
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Jabil Circuit Inc. – 2003/08/05 – US$ 500.00

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MLA:
S&P Global Ratings’ Credit Research. "S&PCORRECT: Jabil Circuit Inc. Assigned 'BB+' on Senior Unsecured Notes, Bank Loan Rating" Jul 14, 2003. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Jabil-Circuit-Inc-Assigned-BB-on-Senior-Unsecured-Notes-Bank-Loan-Rating-323160>
  
APA:
S&P Global Ratings’ Credit Research. (). S&PCORRECT: Jabil Circuit Inc. Assigned 'BB+' on Senior Unsecured Notes, Bank Loan Rating Jul 14, 2003. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Jabil-Circuit-Inc-Assigned-BB-on-Senior-Unsecured-Notes-Bank-Loan-Rating-323160>
  
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