On May 29, 2014, Standard & Poor’s Ratings Services withdrew its ratings, including its ‘B-‘ corporate credit rating, on Good Sam Enterprises LLC, at the issuer’s request, Standard & Poor’s reported.
The withdrawal follows the complete repayment of Good Sam’s $325 million 11.5% senior notes due 2016. The company repaid the balances using proceeds from debt issued at its parent, CWGS Group LLC.
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