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PotlatchDeltic’s credit rating upgraded to BBB-

UPDATED: Tue., July 10, 2018, 5:03 p.m.

PotlatchDeltic Corp. has received an investment grade rating of BBB- from Standard & Poor’s Global Ratings.

The credit rating was upgraded from BB+ on the company’s senior unsecured debt.

With the upgrade, PotlatchDeltic now has investment grade ratings from both S&P and Moody’s Investors Services, said Mike Covey, chairman and chief executive officer.

The Spokane-based company’s improved credit outlook “reflects the benefits of our recent merger with Deltic Timber, the strong fundamentals that support our businesses and our commitment to maintain conservative financial policies,” Covey said.

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Fans flock to Geno’s for World Cup final

new  Try telling the 100 people packed into Geno’s Traditional Food and Ales at 8 a.m. on a Sunday that Spokane isn’t a soccer town. To the warm and inviting scent of eggs and coffee, a throng of barkeepers, waiters and waitresses slicing through the thick crowd, fans of Earth’s most popular sport drank, cheered and jeered as France and Croatia battled it out for 90 minutes to take home the coveted World Cup.