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TEXT-S&P reinstates ratings on Interactive Data Corp notes
Aug 17 - Standard & Poor's Ratings Services today reinstated its ratings on Interactive Data Corp.'s $700 million senior unsecured notes due 2018. The issue-level rating on the notes is 'B' (one notch lower than our 'B+' corporate credit rating on the company)and the recovery rating is '5', indicating our expectation of modest (10% to 30%) recovery in the event of a payment default. The ratings on the notes were previously withdrawn due to an administrative error. Complete ratings information ...
Published By: Reuters (Company news) - Friday, 17 August, 2012