Under Armour Gets Moody’s Downgrade
Under Dog saw Moody’s lower its ratings across the board, cutting its corporate family rating to Ba2 from Ba1, probability of default rating to Ba2-PD from Ba1-PD, senior unsecured notes rating to Ba2 from Ba1, and speculative grade liquidity rating to SGL-2 from SGL-1. The outlook is negative, with the ratings agency citing disruption from Covid-19 as a further ... Log in to view full article.
