01.07.2014 19:44:00
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Wilton Brands LLC -- Moody's lowers Wilton's CFR to Caa2; outlook negative
New York, July 01, 2014 -- Moody's Investors Service downgraded Wilton Brands LLC's ("Wilton") Corporate Family Rating ("CFR") to Caa2 from Caa1 and Probability of Default Rating ("PDR") to Caa2-PD from Caa1-PD. Concurrently, Moody's affirmed the senior secured term loan at B3. The rating outlook is negative.