SRAM’s Debt Ratings Affirmed by Moody’s
The ratings agency affirmed SRAM’s B1 corporate family rating, probability of default rating, and the rating on its senior secured first lien credit facility, and gave the company a stable outlook. The bike component company has managed to maintain an EBITDA margin above 20%, despite weak demand in the struggling bike market, supporting good free cash flow generation and very good liquidity. SRAM’s cash ... Log in to view full article.