Dick’s SG Gets Stable Outlook from Moody’s
Rating DKS’ $382 million of new Foot Locker-exchange senior unsecured notes at Baa2, the ratings agency also upgraded the retailer’s ratings outlook to stable from on review for downgrade. Moody’s was broadly optimistic on the FL acquisition, calling out the increased customer reach and geographic footprint of the combined businesses. A greater scale should allow for ... Log in to view full article.
