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S&P revises pH Beauty view to stable
S&P said it revised the outlook for pH Beauty Holdings I Inc. to stable from positive.
“The stable outlook reflects our belief that the company will maintain interest coverage in the mid- to high-1x area and positive free cash flow through good cost control in the face of potential continued sales declines,” said S&P in a press release.
S&P affirmed all the company’s rating.
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