Preview - Please log in to view full article.

Article Date: December 2018
Word Count: 123

Moody’s Weighs-in On Vista Outdoor’s New Credit Facility


The ratings agency upgraded VSTO’s speculative grade liquidity rating to SGL-2 from SGL-3 after it closed on its new $600 million senior secured credit facility, but the rating outlook remains negative. Moody’s said Vista’s ongoing transformation plan to sell parts of its business has continuing risks, and there is also uncertainty over when gun and ammunition demand trends will stabilize. The ... Log in to view full article.

 


Already a subscriber?

User Name:  

Password:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.