Bass Pro and Cabela’s Parent Scores S&P Upgrade
Great Outdoors Group LLC’s issuer credit rating and issue level rating were upgraded to BB from BB- by S&P Global, based on consistent improvements in results and maintaining its adjusted leverage below 4.0x. The retailer’s revenue increased by about 3% last year to an implied $7.1 billion, with two new stores open and flat to low-single-digit comps. S&P expects about 4% ... Log in to view full article.
