NY -- Standard&Poor's CreditWire 10/28/98 -- Standard&Poor's ratings on UCAR International Inc. and its subsidiary, UCAR Global Enterprises Inc., remain on CreditWatch with developing implications, where they were placed Aug. 25, 1998 (see list below). The CreditWatch placement followed the company's announcement that it had received a commitment for $700 million of term debt plus a $200 million bank loan facility. Pending the successful completion and closing of the company's amended $819.4 million of senior secured bank credit facilities anticipated in early November, the corporate credit ratings of UCAR International and UCAR Global will be raised to double-'B'-minus from single-'B'-minus and the subordinated debt rating of UCAR Global will be raised to single-'B' from triple-'C'. In
