S&P Assigns Triple-'B' to Roadway Debt

The rating agency cites the company's strong competitive position and solid financial profile

On Oct. 8, Standard & Poor's assigned its triple-'B' corporate credit rating to Roadway Corp. Roadway's $325 million bank facility and proposed $225 million senior notes due 2008 were also assigned a triple-'B' rating. The outlook is stable.

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