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To: 007 who wrote (22924)	5/27/1998 5:34:00 PM
From: iandiareii	Read Replies (1) \| Respond to of 95453

S&P ups EVI INC debt ratings Wednesday May 27, 5:02 pm Eastern Time NEW YORK, May 27 - Standard & Poor's today raised its corporate credit and senior debt ratings of EVI Inc. to triple-'B'-plus from triple-'B'-minus. The subordinated debt rating of EVI was also raised to triple-'B' from double-'B'-plus. The ratings of EVI Inc. are now equalized with the ratings of Weatherford Enterra Inc. (WII - news). The two companies have merged to become EVI Weatherford Inc. Standard & Poor's also affirmed its triple-'B'-plus corporate credit and senior debt ratings on Weatherford Enterra Inc. Ratings of EVI and Weatherford Enterra are also removed from CreditWatch, where they were placed on March 5, 1998, when the planned merger was originally announced. (MORE) biz.yahoo.com