MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said it
revised its outlook on United States-based Unifi Inc. to positive from negative,
reflecting Unifi's adequate liquidity position, modest quarterly EBITDA growth
and credit measures that are stronger than medians in the 'CCC+' rating
category.
S&P also said it affirmed its the ratings, including the 'CCC+' corporate
credit rating on the company.
Unifi had debt outstanding of $232.5 million on March 31, 2008.
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