Standard&Poor's lowers Fairchild outlook to negative
Debt-watcher Standard&Poor's lowered its outlook on Fairchild Corp. from stable to negative, blaming poor performance in the company's aerospace fasteners business. In the process the rating agency affirmed junk-bond ratings on the corporation's subordinated debt, rated B-minus, with an implied...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.