(Reuters) - "The same negative macro pressures that have
hampered efforts to sell the company outright will make it
increasingly difficult for the company to market its homes,"
S&P said.
S&P cut WCI's rating to "CCC-plus," seven steps below
investment grade, from "B-plus." The rating remains under
review for another downgrade, S&P said.
Read more at Reuters.com Bonds News
hampered efforts to sell the company outright will make it
increasingly difficult for the company to market its homes,"
S&P said.
S&P cut WCI's rating to "CCC-plus," seven steps below
investment grade, from "B-plus." The rating remains under
review for another downgrade, S&P said.
Read more at Reuters.com Bonds News
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