Authentic Brands Group’s Debt Ratings Raised by Moody’s
Moody’s elevated ABG’s corporate family rating and probability of default rating to B1 from B2, and the rating on its senior secured second lien term loan due 2029 to B3 from Caa1. All the licensing giant’s other debt ratings were maintained at B1, and the outlook was revised to stable from positive. Moody’s cited ABG’s growth over the past few years with the Reebok and Boardriders acquisitions for ... Log in to view full article.