Rabu, 10 Agustus 2011

YRC Worldwide restructuring delivers credit upgrade from Standard & Poor’s

Standard & Poor’s Financial Services LLC has upgraded its corporate credit rating of YRC Worldwide Inc. not long after a downgrade tied to the trucking giant’s financial restructuring.

Standard & Poor’s ratings agency on Tuesday changed its opinion of Overland Park-based YRC to “CCC” from “SD,” or selective default, and said the outlook was “stable.”

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