Moody’s Changes Bass Pro Outlook to Negative
The rating s agency changed Bass Pro Group’s ratings outlook to negative from stable, but reaffirmed its Ba3 corporate family rating, Ba3-PD probability of default rating, and B1 term loan rating. It cited recessionary conditions and weakening consumer spending for the revision, and warned that its liquidity could weaken if it closes stores for an extended period. Bass Pro, which has kept most of its stores open as the pandemic spreads, was forced to close ... Log in to view full article.