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Discuss: S&P lowers UPS ratings on debt burden

This is a discussion on Discuss: S&P lowers UPS ratings on debt burden within the The Latest UPS Headlines forums, part of the Brown Cafe UPS Forum category; S&P lowers UPS ratings on debt burden - Business Week Credit rating agency Standard & Poor's said Wednesday it lowered ...

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Old 01-09-2008, 08:09 PM   #1
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Default Discuss: S&P lowers UPS ratings on debt burden

S&P lowers UPS ratings on debt burden - Business Week
Credit rating agency Standard & Poor's said Wednesday it lowered ratings for United Parcel Service Inc. after UPS said it will take on more debt to cover share repurchases.

S&P lowered the corporate credit and senior debt ratings to "High Grade" AA- from the "Maximum Safety" rating of AAA.
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