PJT Partners Inc. Reports Third Quarter 2015 Results

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Go back to PJT Partners Inc. Reports Third Quarter 2015 Results

NCR's (NCR) Corp. Rating Affirmed by S&P Amid Blackstone (BX) Deal

November 12, 2015 3:33 PM EST

Standard & Poor's Ratings Services today said it affirmed its 'BB+' corporate credit rating on NCR Corp. (NYSE: NCR). The outlook is negative.

We also affirmed our 'BBB' issue-level rating on NCR's first-lien secured credit facility, consisting of an $850 million revolving credit facility and $1.35 billion term loan. The recovery rating remains '1', indicating our expectation for very high (90%-100%) recovery in the event of a payment default.

In addition, we... More