25, 2020, S&P Global Ratings raised the issuer credit rating to 'CCC+' from 'SD' as the liquidity metrics significantly improved and debt was lower, with sources of cash exceeding uses by significantly more than 1.5x in the following 12 months. On Sept. 18, 2020, S&P Global Ratings lowered its long-term issuer credit rating on Texas-based oil and gas exploration and production company Oasis Petroleum Inc. to 'D' from 'CCC-' after the issuer missed an interest payment and entered into the 30-day grace period. Additional information about our ratings fees is available at www.standardandpoors.com/usratingsfees. Earlier, on March 19, 2020, we lowered the issuer credit rating on Libbey to 'CCC' from 'B-' on constrained liquidity and less likelihood of refinancing its term loans. Another superb advantage of mastering at online gambling den networks is that they allow you to have your casino most loved activities anytime you want.
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Sector In-Depth . On Dec. 8, 2020, S&P spin oasis casino Global Ratings raised the issuer credit rating to 'CCC+' following debt repurchases. On Oct. 1, 2020, S&P Global Ratings lowered its long-term issuer credit rating on U.K.-based transportation company Toro Private Holdings I Ltd. to 'SD' from 'CC' after the company completed the announced debt exchange and restructuring, which we view as distressed and tantamount to default, as lenders receive less than the original promise of the debt instruments. On April 24, 2020, S&P Global Ratings lowered its long-term issuer credit spin oasis casino rating on Chilean casino operator Enjoy S.A. to 'D' from 'B-' after the company announced suspension of its shareholder meeting to treat a capital increase while the board decided to file for judicial reorganization. Açık eczane avcılar.
7, 2021, S&P Global Ratings raised the rating on the issuer to 'CCC+' from 'SD' based on its response to a decline in revenue by significantly reducing costs and capital investments. In Europe, by contrast, the share of speculative-grade ratings remains in the minority. The issuer missed the interest and principal payment on its term loan of outstanding value of US$557 million, which was originally US$600 million. On June 5, 2020, S&P Global Ratings lowered its long-term issuer credit rating on Colorado-based APC Automotive Technologies Intermediate Holdings LLC to 'D' from 'CCC' after the issuer announced it was commencing Chapter 11 bankruptcy proceedings. The decision to miss interest payments of about US$15.5 million was based on prioritization of liquidity toward its operations. After beginning with heightened credit market stress and a 45-plus-day stretch without any speculative-grade issuance in the U.S.
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