NEW YORK Standard & Poor’s Rating Services assigned Outback Steakhouse parent OSI Restaurant Partners Inc. non-investment-grade credit ratings, with a negative outlook, because of its “highly leveraged” capital structure as the restaurant operator prepares for its $3.2 billion buyout. That rating is sometimes known as junk-grade. OSI’s ratings, which included separate outlooks for its corporate credit, its planned $1.3 billion bank facility and its planned $700 million unsecured ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com