Newell Outlook Revised to Negative by Moody’s
The ratings agency affirmed NWL’s Ba1 corporate family and debt ratings, but changed its outlook on the company to negative from stable, citing elevated risks that inflation will persist and consumers will remained pressured for 12 to 18 months. S&P Global cut Newell’s ratings in Mar., and Moody’s negative outlook suggests it ... Log in to view full article.
