29.09.2015 19:07:00

Lattice Semiconductor Corporation -- Moody's downgrades Lattice Semiconductor's debt; CFR to B2; stable outlook

New York, September 29, 2015 -- Moody's Investors Service downgraded Lattice Semiconductor Corp.'s ("Lattice") ratings, including the Corporate Family Rating ("CFR") to B2 from Ba3, Senior Secured Term Loan ("Term Loan") to B2 from Ba3, and Speculative Grade Liquidity ("SGL") rating to SGL-3 from SGL-2. The rating actions were based on Moody's substantially reduced expectations for revenues and cash flow over the near to intermediate term relative to our expectations when the ratings were initially assigned. The rating outlook is stable.

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