Meaningful portion of the company's earnings are derived from recession-resistant end markets. Majority of revenues are under contracts that include raw material pass-through clauses. Considerable customer concentration. Highly fragmented and competitive industry. Highly leveraged capital structure. Our expectation that the company will continue to maintain "adequate" liquidity. Credit measures which have weakened moderately over the past year. The outlook is stable. We expect gradual economic growth in the U.S. will allow the company to modestly improve earnings and generate positive free cash flow. In our base-case scenario, we expect that credit metrics will gradually improve, and the company will continue to maintain its "adequate" liquidity position. We expect management and ownership will be supportive of credit quality, so we have
RESEARCH Summary: Consolidated Container Co. LLC Publication date: 06-May-2014 Primary Credit Analyst: Daniel S Krauss, CFA, New York (1) 212-438-2641; danny.krauss@standardandpoors.com Secondary Contact: James T Siahaan, CFA, New...
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Consolidated Container Co. LLC Corporate Credit Rating Lower To 'B-' From 'B' On Weaker Operating Performance – 2014/06/03 – US$ 150.00
Research Update: Consolidated Container Co. LLC Corporate Credit Rating Lower To 'B-' From 'B' On Weaker Operating Performance – 2014/06/03 – US$ 225.00
Research Update: Consolidated Container Co. LLC Outlook Revised To Negative; 'B-' Corporate Credit Rating Affirmed – 2015/06/25 – US$ 225.00
Research Update: Consolidated Container Co. Outlook Revised To Stable From Negative On Improving Operating Performance, Ratings Affirmed – 2016/06/10 – US$ 225.00
Six Issue Ratings Lowered, Five Recovery Ratings Revised In The U.S. Containers/Packaging Sector, On Criteria Revision – 2016/12/20 – US$ 150.00
Consolidated Container Co. LLC First-Lien Debt Rating Raised To ?B+? (Recovery: 2); 'B' Rating Affirmed; Outlook Stable – 2013/06/26 – US$ 150.00
Research Update: Consolidated Container Co. LLC First-Lien Debt Rating Raised To ?B+? (Recovery: 2); 'B' Rating Affirmed; Outlook Stable – 2013/06/26 – US$ 225.00
Summary: Consolidated Container Co. LLC – 2012/12/07 – US$ 225.00
Consolidated Container Co. LLC 'B' Rating Affirmed And Removed From Watch Neg; Outlook Stable – 2012/06/19 – US$ 150.00
Research Update: Consolidated Container Co. LLC 'B' Rating Affirmed And Removed From Watch Neg; Outlook Stable – 2012/06/19 – US$ 225.00
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