S&P Lowers Hillman Group’s Credit Ratings

Standard & Poor’s has lowered the corporate credit rating of The Hillman Group from ‘B’ to ‘B-‘. It also lowered Hillman’s senior secured bank loan rating to ‘B+’ from ‘BB-‘. Hillman is a Cincinnati-based maker of fasteners, signage and other small hardware components. It is owned by Code Hennessey & Simmons. www.hillmangroup.com