09.09.2014 21:17:00
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Michaels Stores, Inc. -- Correction to Text, 29 August 2014 Release: Moody's upgrades Michaels' CFR to B1 from B2
New York, September 09, 2014 -- In the third sentence of the second paragraph of the Ratings Rationale section, changed the rating on Michaels Stores' senior subordinated notes from Caa1(LGD5) to B3(LGD5) and the rating on Michaels' PIK Toggle notes from Caa1(LGD6) to B3 (LGD6).