Newell’s Bond Offering Scores Ba1 Rating from Moody’s
Following S&P Global’s negative outlook for the Coleman parent, Moody’s was considerably more upbeat in its assessment, giving the new senior unsecured bonds a rating of Ba1 and maintaining its positive outlook for the company. The ratings agency expects NWL to struggle though the rest of this year fighting inflationary headwinds, generating negative cash flows and ... Log in to view full article.
