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Discuss: S&P lowers UPS ratings on debt burden
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01-09-2008, 08:09 PM	#1
cheryl Administrator Join Date: Oct 1999 Location: San Juan Capistrano Posts: 1,560 Rep Power: 10	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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