DBRS has revised the trend on the Pfd-3 rating of RON.PR.A from stable to negative:
DBRS has today changed the trend on the BBB Senior Unsecured Debt rating and Pfd-3 Preferred Shares rating of RONA inc. (RONA or the Company) to Negative from Stable. The rating action reflects DBRS’s concern that weak operating performance and a challenging consumer environment may result in RONA’s credit risk profile to deteriorate to a level that is no longer consistent with the current rating categories.
This entry was posted on Wednesday, May 11th, 2011 at 10:11 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed.
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RON.PR.A: DBRS Changes Trend to Negative
DBRS has revised the trend on the Pfd-3 rating of RON.PR.A from stable to negative:
This entry was posted on Wednesday, May 11th, 2011 at 10:11 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.