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February 3, 2014
12:52 EDTKRAS&P revises Kraton Performance Polymers outlook to positive
Standard & Poor's Ratings Services revised its outlook on Kraton Performance Polymers to positive from stable. S&P said, "At the same time, we affirmed our 'B+' corporate credit rating on the company and our 'B' issue-level rating on the company's unsecured debt. The recovery rating on the unsecured debt remains '5', indicating our expectation of modest recovery in the event of a payment default." "The positive outlook reflects our estimation that there is at least a one in three probability of a rating upgrade arising from the proposed combination of Kraton's assets with LCY Chemical Corp.'s sytrenic block copolymers assets," said Standard & Poor's credit analyst Pranay Sonalkar. Shares of Kraton Performance Polymers are higher by almost 2.5% in midday trading.
News For KRA From The Last 14 Days
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June 24, 2015
07:16 EDTKRACredit Suisse to hold a conference
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June 23, 2015
14:27 EDTKRAKraton Performance names Chris Russell Chief Accounting Officer
Effective June 18, Chris H. Russell was appointed Chief Accounting Officer of Kraton Performance Polymers, in which position he will serve as the Company’s principal accounting officer. Prior to joining Kraton, from 2014 to 2015, Mr. Russell served as Chief Accounting Officer for Prince International Corporation, a leading manufacturer and distributor of mineral based products.

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