Waste Connections Reports Preliminary Fourth Quarter Results Above Expectations
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S&P Reaffirms Ratings on Waste Connections (WCN) Amid Move to Merge with Progressive Waste Solutions (BIN)
January 19, 2016 12:27 PM ESTStandard & Poor's Ratings Services said today that it has affirmed its 'BBB+' corporate credit rating on Waste Connections Inc. The outlook is stable.
At the same time, we affirmed all of our 'BBB+' issue-level ratings on Waste Connections' existing debt.
"While we believe that the proposed merger will strengthen Waste Connections' business risk profile, we continue to assess the company's business risk profile as being at the higher end of our strong category," said Standard & Poor's credit analyst... More
