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Provider: Jefferson Research
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Standard & Poor's Ratings Services places Sandvik AB on watch-DJ


Thursday, 9 Jan 2014 11:27am EST 

Sandvik AB:Says Standard & Poor's Ratings Services placed Sandvik's BBB+ long-term corporate credit rating on CreditWatch with negative implications-DJ.Says Standard & Poor's Ratings Services affirmed its A-2 short-term rating.Says the CreditWatch placement follows the announcement that Sandvik plans to acquire United States-based drill bit manufacturer Varel International Energy Services Inc. 

Company Quote

80.55
-0.55 -0.68%
11:29am EST