Moody's Boosts Roundy's Debt Rating to 'Stable'

NEW YORK — Moody's Investors Service here said Monday the reduction by Roundy's of existing debt following its initial public offering resulted in an upgrade of the outlook for the chain to stable from negative.

Moody's also affirmed the chain's corporate family rating at B2 and lowered its probability of default rating to B3. The corporate family rating and the stable outlook reflect the expectatio

Register to view the full article

test - Advanced Registered User

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish