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Author: yodaorange Big red star, 1000 posts Feste Award Nominee! Feste Award Winner! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 78267  
Subject: Re: SFI lives to fight another day. . . Date: 3/18/2011 6:26 PM
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Standard & Poor's Ratings Services issued a four-notch upgrade on iStar Financial Inc.'s (SFI) junk-level ratings, after the company closed on a $2.95 billion credit facility to refinance existing facilities and repay debt.

The rating was lifted to B+, which is still four levels into junk, and removed from watch for upgrade. The outlook is stable.
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