Amadeusz Juskowiak

Sp may downgrade mack trucks mack debt

Standard and Poors Corp said it placed on creditwatch with negative implications Mack Trucks Incs 140 mln dlrs of BBplus senior debt

S and P said Mack lost significant market share in heavy duty trucks last year Through the nine months ended September 30 1986 the companys pretax loss before restructuring costs equity income and extraordinary items widened to 30 mln dlrs from 23 mln dlrs in the year earlier period it noted

S and P withdrew the BBplus ratings on the unit Mack Financial Corps 958 pct debentures due 1990 and 934 pct debentures of 1991 as they were called for redemption