New York, December 17, 2014 -- Moody's Investors Service today said that Bass Pro Group, LLC's ("Bass Pro") December 11, 2014 announcement that it has agreed to acquire fishing boat maker Fishing Holdings, LLC ("Fishing Holdings") from Platinum Equity is a modest credit negative because leverage will increase moderately, but has no impact on Bass Pro's Ba3 Corporate Family Rating, B1 secured term loan rating, or the stable rating outlook. The transaction is subject to regulatory approval, and we expect it to close in the first half of 2015.
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