Ammo Biz Sale Gets Vista Outdoor off CreditWatch
S&P Global has removed VSTO from its CreditWatch list, where it has resided since Nov. ’22, following the last week’s announcement of the ammunition business sale to Czech conglomerate Czechoslovak Group A.S. and ensuing repayment of all existing debt. Along with the removal, the rating agency affirmed its BB issuer credit rating on Vista and its BB issue-level rating on the company’s $500 million senior unsecured notes due ... Log in to view full article.