Maxum Petroleum's senior secured, recovery ratings on negative watch - S&P (Sharewatch)
MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said it has placed its 'B-' loan rating and '5' recovery rating on the 155-mln senior secured term loan of Maxum Petroleum Inc on negative watch on the disadvantaged position of the term loan due to the recent increase to the firm's senior secured and first-lien revolving credit facility.

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