August 22, 2012 at 15:33 PM EDT
TEXT-S&P revises Alliance HealthCare Services outlook
Overview -- Despite ongoing industry challenges, U.S.-based Alliance HealthCare Services has stabilized its business and is increasing EBITDA. -- We are revising our rating outlook on Alliance HealthCare to stable from negative and affirming the 'B+' corporate credit rating and 'B-' senior unsecured issue-level ratings. -- At the same time, we are revising our senior secured issue-level rating to 'BB-' from 'B+', and the recovery rating to '2' from '3', reflecting substantial
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