Optimas OE Solutions Holdings, LLC Outlook Upgraded by S&P Global Ratings to Stable

GLENVIEW, Ill.--()--Optimas OE Solutions Holdings, LLC (“Optimas” or the “Company”) today announced that on April 20, 2018, S&P Global Ratings revised its outlook on Glenview, IL based Optimas OE Solutions Holdings, LLC (Optimas) to stable from negative and affirmed its corporate credit rating of B-. “We continue to make progress with the transformation of our company and we are pleased to have S&P acknowledge our progress with this ratings upgrade,” stated Anesa Chaibi, Chief Executive Officer, Optimas.

Optimas OE Solutions Holdings, LLC (“Optimas”)

Optimas is a leading, global provider of integrated supply chain solutions and engineering support focused on delivering highly engineered custom fasteners and other “C” Class components, such as fittings, clamps, bearings, and rivets, to our global customer base of large, industrial companies as well as small- and medium-sized companies. Optimas specializes in the delivery of highly engineered fastener hardware and components across multiple industries and continents.

This release contains forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding prospective financial information that is based on assumptions and estimates that are inherently uncertain. Such assumptions and estimates may not be realized and are subject to significant business, economic and competitive risks and uncertainties, including those described in the offering memorandum for our senior secured notes, all of which are difficult to predict and many of which are beyond our control. These and other risks and uncertainties may cause our estimated financial information to materially adversely differ from our actual results. Accordingly, no assurance can be made that we will achieve the results set forth in our estimated financial information, and investors should not place undue reliance on our estimated financial information. Neither the Company’s independent auditors, nor any other independent accountants, have compiled, examined or performed any procedures with respect to the prospective financial information contained herein.

Contacts

Optimas OE Solutions Holdings, LLC
Kacey Komloski, 1-858-924-0609
Investor Relations Email: invest@optimas.com

Release Summary

S&P Upgrades Optimas OE Solutions Holdings, LLC

Contacts

Optimas OE Solutions Holdings, LLC
Kacey Komloski, 1-858-924-0609
Investor Relations Email: invest@optimas.com