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Prospect News home > News index > List of issuers D > Headlines for Dollar Financial Group, Inc. > News item
Published on 11/12/2009 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

S&P puts Dollar Financial on watch

Standard & Poor's said it placed Dollar Financial Group Inc.'s BB- long-term counterparty credit rating on CreditWatch with negative implications.

The watch follows Dollar's plans to issue $250 million of senior notes to be used to finance its acquisition of Military Financial Services LLC, which will increase the company's debt-to-EBITDA ratio to about 5.1x from 4.1x.


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