Despite a first half marred by the impact of the pandemic, both Moody’s and S&P affirmed that Amer Sports has adequate liquidity to operate through the year and each assigned a low investment grade rating of B3 and B- on a new €100 million facility issued by the company. The Anta-controlled company has seen a 36% decline in sales for the second quarter and was down 22% in the first half. But Amer is seeing sequential improvement in its operations with June down just 16% and a forecast that third and fourth quarter revenue will be down 15% and 9%, respectively. ... Log in to view full article.