TEXT-S&P revises CSK Auto outlook to positive

Newswire

(The following statement was released by the rating agency) NEW YORK, May 23 - Standard & Poor's Ratings Services said today that it revised its outlook on CSK Auto Inc. to positive from stable. At the same time, Standard & Poor's affirmed its 'B+' corporate credit rating on the company and assigned a 'BB-' senior secured bank loan rating to CSK's planned $325 million bank facility which would refinance its existing bank facility. Phoenix, Ariz.-based CSK has about $500 million ...

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