Standard&Poor's Ratings Services is assigning a 'B' corporate credit rating to U.S.-based kitchenware manufacturer and distributor WKI Holding Co. Inc. (World Kitchen). At the same time, we are assigning a 'B+' issue-level rating to subsidiary co-borrowers World Kitchen LLC and Snapware Corp.'s proposed $290 million senior secured credit facility, with a recovery rating of '2'. The stable rating outlook reflects our expectation for World Kitchen to have moderate EBITDA growth in 2013 resulting in slightly improved credit metrics, while maintaining its strong market positions and adequate liquidity. CHICAGO (Standard&Poor's) Nov. 30, 2012--Standard&Poor's Ratings Services today assigned its 'B' corporate credit rating to Rosemont, Ill.-based WKI Holding Co. Inc. At the same time, we assigned
