The ratings are contingent upon the company's recapitalization program, which includes a public offering of $500 million in common stock.
Later that year, they launched a $532 million recapitalization program to expand their portfolio while diversifying their customer offerings.
In July 2001, Superior was seized by federal banking regulators after the Pritzkers reneged on a recapitalization program.
The sale of Serv-A-Portion, which is the leading United States manufacturer of individual serving portion foods, is the latest step in the company's restructuring and recapitalization program.
Under a recapitalization program announced in December, Fruehauf is offering to exchange a package of securities for each $1,000 worth of certain outstanding debt and notes.
The recapitalization program comes as Quantum is undertaking a sweeping $3.3 billion capital spending program.
Unibank was considered healthy by the Bank Indonesia and Indonesian Bank Restructuring Agency in 1997 and did not enter the recapitalization program.
The USS Enterprise Recruit Barracks Building is the eighth of fourteen built as part of a $763 million recapitalization program.
Aerial Refueling Aircraft The committee will continue to maintain active oversight of tanker modernization and recapitalization programs of the Air Force.
Judge Longobardi ruled that the value of American Standard's part-cash, part-securities recapitalization program was now worth at least $1 a share more than Black & Decker's $73 offer.