Boulder Brands Aktie
WKN DE: A1KA97 / ISIN: US1014051080
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11.06.2015 22:23:00
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Boulder Brands, Inc -- Moody's Downgrades Boulder Brands' CFR to B2; Outlook Stable
New York, June 11, 2015 -- Moody's Investors Service (Moody's) downgraded Boulder Brands, Inc.'s (Boulder Brands) Corporate Family Rating (CFR) to B2 from B1 and its Probability of Default Rating to B2-PD from B1-PD. "The downgrade reflects Moody's expectation of higher financial leverage due to weakness in the company's Balance Segment and the abrupt departure of the company's CEO" said Dominick D'Ascoli, a Vice President at Moody's. Concurrently, Moody's also downgraded the senior secured bank credit facility rating to B2 from B1. The outlook is stable.
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