Superior Plus Announces Changes to its Standard & Poor's Credit Ratings
CALGARY, ALBERTA--(Marketwire - March 8, 2011) - Superior Plus Corp. ("Superior") (TSX:SPB) today announces that Standard & Poor's (S&P) has lowered both Superior's and Superior's wholly-owned subsidiary, Superior Plus LP's, long-term corporate credit rating to BB- from BB and reduced the secured debt rating to BB+ from BBB-. The outlook rating for both Superior and Superior Plus LP remains stable and the credit rating on Superior's unsecured debt is unchanged at BB-.
