Superior Essex Inc. (NASDAQ: SPSX) today announced that Standard & Poor�s Ratings Services (S&P) has upgraded the ratings assigned to the Company, its senior secured credit facility and its senior secured notes. Ratings Summary: � Updated � Previous Corporate credit rating BB BB- Senior secured credit facility ($225 million) BBB- BB+ Senior notes ($252 million) BB- B+ Outlook Stable Stable �We�re pleased with the acknowledgement of our deliberate and conscientious efforts to proactively position our balance sheet,� said Stephen M. Carter, chief executive officer for Superior Essex. �Even with substantial acquisition activity over the past 12 months, we have kept the Company�s cash flow, capital structure and financial stability at the forefront of our corporate goals.� ABOUT SUPERIOR ESSEX Superior Essex�Inc., a FORTUNE 1000 company, is one of the largest wire and cable manufacturers in the world. The Company manufactures and supplies a broad portfolio of wire and cable products for the Communications, Energy, Automotive, Industrial, and Commercial & Residential end-markets.�It is a leading manufacturer of magnet wire, fabricated insulation products, and copper and fiber optic communications wire and cable. It is also a leading distributor of magnet wire, insulation and related products. Additional information on the Company can be found on its Web site at superioressex.com.
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Da Giu 2023 a Giu 2024 Clicca qui per i Grafici di Superior Essex (MM)