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S.&P. said Vlasic remained current on its obligations under a credit line.
Some banking executives said yesterday that companies generally were prepared to wait 48 hours before actually receiving cash under a credit line.
Bon-Ton said it made costs cuts that would bolster its cash flow by about $100 million this year and that it had borrowing capacity under a credit line.
There can be a happy ending, bUnderke Nicholas, Bill, George and others, are having a hard time figuring it out.
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Moody's was even said to be putting Britain's triple-A credit rating under review (though the ratings agency has now denied this).
Now consumer demand is strangled by debt, public spending has plateaued, the balance of payments gapes, house prices are falling, banks are under-capitalised and a credit squeeze is biting.
Castellón lies in the region of Valencia, which has a debt load of just under $25 billion and a credit rating that was recently downgraded to junk status.
Getting debts under control, as a credit score is better when in than out of a job.
None are under a negative credit watch by Moody's or Standard & Poor's credit ranking services.
Under the Credit Card Act of 2009, anyone under 21 cannot be issued a credit card without a co-signer or proof of a job; creditors want evidence that card holders can repay potential credit card debt.
When a ratings agency puts a credit under review, it means it has begun an active, deliberate evaluation that could lead to a rating change in a matter of weeks or months.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com