Moody’s Upgrades Vista Outdoor Debt Ratings
The ratings agency raised VSTO’s corporate family rating to Ba3 from B1 and upgraded its senior unsecured notes rating to B1 from B2, assigning a stable outlook to the company. Improved operating performance was cited as the main driver, notably in the ammunition sector, where Vista recently acquired Remington and touted an order backlog of more than a year. Vista has also been ... Log in to view full article.
