SRL for [lowered]: Standard & Poor 's Corp. [lowered] the rating on Crossland 's preferred stock to double - C from single - B - minus and placed it on CreditWatch for possible further downgrade .
ARG-0: Standard & Poor 's Corp. | ARG-1: the rating on Crossland 's preferred stock | ARG-4: to double - C | ARG-3: from single - B - minus