Fitch Cut Ratings on Jabil to Junk (AP via Yahoo! Finance)
Story date: 2007-10-12 02:44:11
Added on: 2007-10-12 16:00:15
Fitch Ratings said Friday it downgraded three credit ratings for Jabil Circuit Inc. to non-investment grade status, citing the company's decision to refinance the remaining $400 million of its senior unsecured bridge loan with long-term debt.
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