Cascades Inc (CADNF.PK)

TEXT - S&P revises Cascades Inc outlook to negative

Overview -- We are revising our outlook on Kingsey Falls, Que.-based Cascades Inc. to negative from stable. -- At the same time, we are affirming our ratings on Cascades, including our 'BB-' long-term corporate credit rating on the company. -- The outlook revision reflects on what we consider a weaker-than-expected financial performance in the company's containerboard and boxboard segments, leading to a slower pace of deleveraging than previously expected. Rating Action On N