New York, April 01, 2016 -- Moody's Investors Service downgraded Brock Holdings III, Inc.'s corporate family rating to Caa1 from B3. The downgrade reflects the deterioration in Brock's operating results and credit metrics, the company's strained liquidity profile with increased refinancing risk with maturities due during the next 12 to 18 months, and the expectation that the company's credit profile will remain weak over our time horizon. The rating outlook remains negative.
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