21.05.2015 19:57:00
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Remington Outdoor Company, Inc. -- Moody's revises Remington Outdoor's outlook to negative and lowers liquidity rating
New York, May 21, 2015 -- Moody's Investors Service revised Remington Outdoors, Inc.'s ("Remington" or "Remington Outdoors") rating outlook to negative from stable due to its weaker than expected operating performance, which is causing a prolonged period of weak credit metrics. The speculative grade liquidity rating was downgraded to SGL 2 from SGL 1. All other ratings were affirmed, including the B2 Corporate Family Rating.