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S&P Reinstates Affinity’s “CCC” Credit Rating

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June 22, 2009 by   Comments Off on S&P Reinstates Affinity’s “CCC” Credit Rating

Following a review of the new capital structure at Affinity Group Holding Inc. and its operating subsidiary, Affinity Group Inc., Standard & Poor’s Rating Services today (June 22) raised its rating for AGI back to “CCC.” 

On June 19, the rating service had lowered its corporate credit rating on the Ventura, Calif.-based company to “SD” (selective default) from “CCC.” 

AGI is the parent company of RVBusiness magazine and RVBUSINESS.com.

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