Unisys Corp sees no change in its credit ratings after a review by Standard & Poor’s Corp: the ratings agency affirmed its double-B-minus senior unsecured debt and single-B subordinated debt ratings and upgraded the company’s cumulative convertible preferred stock to B-minus from double-C. About $3,100m of debt and preferred stock is affected. The preferred stock action reflects the pending elimination of the $80m in dividend arrears.
