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Hibu Gets Default Rating After Missing Interest Payment on Loans – Businessweek

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Hibu Gets Default Rating After Missing Interest Payment on Loans
Businessweek
Standard & Poor's lowered the Reading, England-based company's rating to D from CC after it failed to pay interest due yesterday on loans from 2009, S&P said today in a statement. Its 630 million-pound Term Loan A1 is quoted at about 18 percent of face ...

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