Patriot Container Corp.
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Credit Ratings: Forward-looking opinions on credit risk, entity's capacity to meet commitments and debt quality. They support capital markets via transparency and insights.
LEARN MORERelated Credit News and Research
20-Apr-2024 02:36 HKT
Wastequip LLC, a manufacturer of waste and recycling containment equipment, faces approaching maturities because its capital structure includes a revolving credit facility due Sept. 20, 2024 and a first-lien term loan due March 20, 2025. The company'...
05-Oct-2023 23:37 HKT
Wastequip LLC, a manufacturer of waste and recycling containment equipment and solutions, faces increasing refinancing risk as it has upcoming debt maturities in Sept. 20, 2024, and March 20, 2025. Although we expect the company will continue to gene...
11-Jan-2023 00:19 HKT
Wastequip LLC recently extended its revolving-credit facility maturity by 18 months to Sept. 20, 2024, which we believe has moderately improved the company's liquidity despite the facility's commitment size decreasing by $5 million. The company also ...
22-Jun-2022 05:19 HKT
Wastequip LLC Downgraded To 'CCC+' From 'B-' On Deteriorating Liquidity; Outlook Negative
Wastequip LLC's liquidity profile continues to be stretched, primarily because of increased working capital requirements amid persisting inflationary pressures and supply chain constraints. Furthermore, the company's revolving credit facility has an ...
14-Jan-2022 01:31 HKT
Wastequip LLC Downgraded To 'B-' On Supply Chain Pressure And Cost Inflation; Outlook Negative
U.S.-based waste and recycling equipment manufacturer Wastequip LLC's credit metrics have deteriorated slightly over the previous three quarters due to rapidly rising raw material costs and challenging supply chain conditions. We expect these pressur...
24-May-2021 21:43 HKT
We believe U.S.-based waste and recycling equipment manufacturer Wastequip LLC's operating performance and credit measures will likely improve over the next 12 months as the pent-up demand stemming from the prolonged compression of capital spending a...
11-Sep-2020 04:53 HKT
Wastequip LLC Outlook Revised To Negative From Stable On Macroeconomic Weakness; 'B' Rating Affirmed
We believe U.S.-based waste and recycling equipment manufacturer Wastequip LLC's operating performance and credit measures could remain weak due to prolonged capital spending compression at large national waste haulers amid an uncertain macroeconomic...
27-Feb-2018 22:53 HKT
Wastequip LLC has signed a definitive agreement to be acquired by H.I.G. Capital and will partially fund the acquisition with a $50 million first-lien revolving credit facility (undrawn at close), a $245 million first-lien term loan, and a $100 milli...