Text-S&P cuts William Lyon Homes to D on Ch.11 filing - Reuters

Text-S&P cuts William Lyon Homes to D on Ch.11 filing
Reuters
OVERVIEW -- William Lyon Homes filed for Chapter 11 with a prepackaged plan on Dec. 19, 2011. -- We lowered to 'D' the issue ratings on the company's notes due 2012 and 2014. -- The corporate credit rating on the company and the issue ratings on its ...