Moody’s Upgrades Outerstuff’s Default Rating
The ratings agency upgraded the league licensed kids’ apparel maker’s probability of default rating to Caa1-PD/LD from Caa2-PD following the non-payment on its non-extended term loan that matured at the end of Dec. Moody’s maintained Outerstuff’s Caa1 corporate family rating, its Caa2 senior secured ... Log in to view full article.