Moody’s Boosts C&S Outlook

NEW YORK — Moody’s Investors Service here said on Wednesday that it has revised its outlook for C&S Group Enterprises to “positive” from “stable” and affirmed its rating on the wholesaler’s senior secured notes.

The positive rating outlook reflects C&S's improved credit metrics due to lower funded debt levels and Moody's expectation for further improvement in credit metrics driven by sales volumes increases and the EBITDA contribution from the compan

Register to view the full article

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