S&P puts Eddie Bauer on developing watch

Standard & Poor's said it placed Eddie Bauer Holdings Inc.'s B corporate credit rating and Eddie Bauer Inc.'s B $300 million senior secured loan with a recovery rating of 2 on CreditWatch with developing implications following the company's announcement that it intends to explore strategic alternatives to increase shareholder value, including a possible sale of the company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.