Analyst Research

Report Title Price
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Thomson Reuters StreetEvents
Provider: Thomson Reuters StreetEvents

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S&P Rates Spanish NH Hoteles-DJ

Wednesday, 11 Dec 2013 06:13am EST 

NH Hoteles SA:Standard & Poor's Ratings Services said that it had assigned its B- long-term corporate credit rating to the company-DJ.The outlook is stable.At the same time, the agency assigned its B issue rating to the 250 million euro senior secured bonds, due 2019.The recovery rating on the bonds is 2, indicating the agency's expectation of substantial (70 pct-90 pct) recovery prospects in the event of a default.The ratings on NH reflect S&P's assessment of the company's business risk profile as weak and financial risk profile as highly leveraged. 

Company Quote

-0.15 -2.83%
11:35am EDT