S&P raises Milacron Holdings to B+

  • Posted on: 9 May 2012
  • By: Lisa Crossman

U.S.-based plastic machinery maker Milacron Holdings Inc. has completed its debt refinancing, in connection with its acquisition by
private-equity firm CCMP Capital. S&P is raising the corporate credit rating on Milacron to 'B+' from 'B' and affirming the 'B+' issue rating and '4' recovery rating on the senior
secured notes co-issued by two of Milacron's subsidiaries.