Canada Goose Scores Moody’s Upgrade
The ratings agency raised GOOS’ corporate family rating and probability of default rating to Ba3 from B1, and its senior secured 1st lien term loan B rating to B1 from B2, with a stable outlook. A recovery in mainland China and an increasing share of high-margin direct-to-consumer sales will provide a continuing tailwind to the brand’s recent strong operating performance. ... Log in to view full article.