NY -- Standard&Poor's CreditWire 11/11/98 -- Standard&Poor's today raised its corporate credit ratings of UCAR International Inc. and its subsidiary, UCAR Global Enterprises Inc., to double-'B'-minus from single-'B'-minus. Standard&Poor's also raised its rating on UCAR Global Enterprises' senior subordinated notes to single-'B' from triple-'C'. All ratings were removed from CreditWatch, where they were placed Aug. 25, 1998. Additionally, Standard&Poor's assigned its double-'B'-minus bank loan rating to UCAR Global Enterprises' $820 million senior secured bank credit facilities. The outlook is stable. The upgrade follows the company's announcement that it has completed its bank refinancing plan. The proceeds of the financing will be used to refinance existing debt, pay settlements associated with antitrust litigation,
