TEXT-S&P release on LKQ Corp

Newswire

(The following statement was released by the ratings agency) Sept 30 - Standard & Poor's Ratings Services today said it has assigned issuer and recovery ratings to LKQ Corp.'s $15 million senior secured dual-currency revolving credit facility due 2013. The facility is rated 'BB+', two notches above the 'BB-' corporate credit rating on LKQ, with a '1' recovery rating, indicating expectations of very high (90% to 100%) recovery in the event of a payment default. This facility was ...

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