Atkore ‘stable’ despite high debt, S&P says

Dec 07, 2010 | 01:11 PM |

Standard & Poor's Ratings Services (S&P) assigned a "B+" credit rating with a "stable" outlook to Atkore International's issuance of $410 million in senior secured notes due 2017.

The New York-based ratings firm based Atkore's rating on forecasts of a "modest" improvement in the metal fabricator's operating performance thanks to a "gradually improving economy."....

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