Sterling Mid-Holdings Ltd. Upgraded To 'CCC'; Rating Subsequently Withdrawn At The Company's Request

NEW YORK (S&P Global Ratings) Feb. 5, 2019--S&P Global Ratings said today it 
raised its long-term issuer credit rating on Sterling Mid-Holdings Ltd. to 
'CCC' from 'SD' (selective default). The outlook is stable. We subsequently 
withdrew the rating.

Rationale
We raised our long-term issuer credit rating on Sterling to 'CCC' from 'SD' as 
the company refinanced its asset-based lending facility. 

We subsequently withdrew our rating in accordance with the company's request.