SSH Holdings Inc. B Rating Placed on CreditWatch Negative On Potential Acquisition of Brookstone Inc. - S&P Global Ratings’ Credit Research

SSH Holdings Inc. B Rating Placed on CreditWatch Negative On Potential Acquisition of Brookstone Inc.

SSH Holdings Inc. B Rating Placed on CreditWatch Negative On Potential Acquisition of Brookstone Inc. - S&P Global Ratings’ Credit Research
SSH Holdings Inc. B Rating Placed on CreditWatch Negative On Potential Acquisition of Brookstone Inc.
Published Mar 27, 2014
1120 words — Published Mar 27, 2014
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Abstract:

Spencer Spirit Holdings Inc. is in talks to acquire Brookstone Inc. We are placing all of our ratings on parent SSH Holdings Inc. and subsidiaries, including the ?B? corporate credit rating,on CreditWatch with negative implications. NEW YORK (Standard&Poor's) March 27, 2014--Standard&Poor?s Rating Services today placed all ratings, including the ?B? corporate credit rating, on SSH Holdings Inc., the direct parent of Egg Harbor Township, N.J.-based Spencer Spirit Holdings Inc., on CreditWatch with negative implications. In addition, we placed our ratings on the subsidiaries on CreditWatch with negative implications. Mall-based retailer Spencer Spirit Holdings Inc. is working towards an agreement to potentially acquire specialty retailer Brookstone Inc., which is preparing to file for bankruptcy protection in coming

  
Brief Excerpt:

RESEARCH SSH Holdings Inc. B Rating Placed on CreditWatch Negative On Potential Acquisition of Brookstone Inc. Publication date: 27-Mar-2014 Primary Credit Analyst: Diya Iyer, New York (1) 212-438-4001; diya.iyer@standardandpoors.com...

  
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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.

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MLA:
S&P Global Ratings’ Credit Research. "SSH Holdings Inc. B Rating Placed on CreditWatch Negative On Potential Acquisition of Brookstone Inc." Mar 27, 2014. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/SSH-Holdings-Inc-B-Rating-Placed-on-CreditWatch-Negative-On-Potential-Acquisition-of-Brookstone-Inc-1286312>
  
APA:
S&P Global Ratings’ Credit Research. (). SSH Holdings Inc. B Rating Placed on CreditWatch Negative On Potential Acquisition of Brookstone Inc. Mar 27, 2014. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/SSH-Holdings-Inc-B-Rating-Placed-on-CreditWatch-Negative-On-Potential-Acquisition-of-Brookstone-Inc-1286312>
  
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