Remington’s Credit Rating Downgraded by Moody’s
By Nathan S.
Moody’s Investor Services, a division of the ratings company, has downgraded the Remington Outdoors Company CFR to Caa1, with a “stable outlook” (meaning they do not think the credit rating will change). According to Moody’s documentation Caa1 is the first class of Caa, where “obligations rated Caa are judged to be of poor standing and […]
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Source:: The Firearm Blog
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