Survey Sampling International LLC Assigned 'B' Corporate Credit Rating; Outlook Stable; Debt Ratings Assigned - S&P Global Ratings’ Credit Research

Survey Sampling International LLC Assigned 'B' Corporate Credit Rating; Outlook Stable; Debt Ratings Assigned

Survey Sampling International LLC Assigned 'B' Corporate Credit Rating; Outlook Stable; Debt Ratings Assigned - S&P Global Ratings’ Credit Research
Survey Sampling International LLC Assigned 'B' Corporate Credit Rating; Outlook Stable; Debt Ratings Assigned
Published May 29, 2015
Published May 29, 2015
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

U.S.-based global provider of market opinions Survey Sampling International LLC (SSI) is proposing to raise a $36 million add-on to its existing issued $330 million senior secured credit facilities. We are assigning our 'B' corporate credit rating to the company. We are also assigning our 'B' issue-level and '3' recovery ratings to the company's $271 million senior secured first-lien credit facility (including the $36 million add-on term loan), and our 'CCC+' issue-level and '6' recovery ratings to its $95 million second-lien credit facility. The stable outlook reflects our expectation that SSI will continue to grow its core revenue and EBITDA, modestly improve its credit metrics and maintain "adequate" liquidity, despite its high debt leverage. NEW YORK (Standard&Poor's) May

  
Report Type:

Ratings Action

Issuer
GICS
Data Processing & Outsourced Services (45102020)
Sector
Global Issuers
Country
Region
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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. "Survey Sampling International LLC Assigned 'B' Corporate Credit Rating; Outlook Stable; Debt Ratings Assigned" May 29, 2015. Alacra Store. May 02, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Survey-Sampling-International-LLC-Assigned-B-Corporate-Credit-Rating-Outlook-Stable-Debt-Ratings-Assigned-1401235>
  
APA:
S&P Global Ratings’ Credit Research. (). Survey Sampling International LLC Assigned 'B' Corporate Credit Rating; Outlook Stable; Debt Ratings Assigned May 29, 2015. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Survey-Sampling-International-LLC-Assigned-B-Corporate-Credit-Rating-Outlook-Stable-Debt-Ratings-Assigned-1401235>
  
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