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TEXT-S&P revises Eco-Bat outlook to negative;affirms 'B+' rating

on Sep 4, 2012 in Stated Income Loans | Comments Off on TEXT-S&P revises Eco-Bat outlook to negative;affirms 'B+' rating

TEXT-S&P revises Eco-Bat outlook to negative;affirms 'B+' rating The negative outlook reflects the possibility of a one-notch downgrade in the coming 6-12 months if Eco-Bat's EBITDA does not recover from its low level, leading both to a highly leveraged capital structure–including the PIK loan–and to funds from … For more informaiton please visit here… Scranton closes on .25 million loan to cover Friday's payroll, back wages So, the loan terms were changed to have the city's earned-income tax collector, Berkheimer Associates, remit the EIT proceeds on a weekly basis to First Liberty Bank, which is registered in Pennsylvania, Mr. Kelly said. First Liberty then would … The … More informaiton please visit here… TEXT-S&P revises Eco-Bat outlook to negative;affirms 'B+'...

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