|
|
News Breaks | | | | February 20, 2013 | | 17:06 EDT |  | SWFT | Moody's raises Swift Transportation's credit rating to B1 from B2
Swift Transportation announced that Moody's Investor Service has upgraded the company's credit ratings, with the corporate family rating raised to B1 from B2 and the senior secured first lien bank credit facility raised two notches to Ba2 from B1. In their press release, Moody's states, "The ratings upgrade reflects the substantial progress that Swift has made in margin growth, cash flow generation, and deleveraging during a period of stable demand in the truckload segment." Additionally, Moody's raised the rating on Swift's second lien notes to B3 from Caa1 and said the ratings outlook is stable. | |
|
News For SWFT From The Last 14 Days Check below for free stories on SWFT the last two weeks. |
|
|
| May 13, 2013 | | 07:52 EDT |  | SWFT | Swift Transportation remains well positioned long term, says Cowen
 Subscribe for More Information | | | 07:36 EDT | | SWFT | Swift Transportation target raised to $18.50-19.00 from $15.00-16.00 at Wells Fargo
Subscribe for More Information | | | May 9, 2013 | | 11:41 EDT |  | SWFT | Swift Transportation to host investor day
Investor day to be held in New York on May 10 at 9 am. Webcast Link | |
|
|
|
|
|
|
