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Pitchbook24d agobearish
Leslie's downgraded to CCC- as distressed exchange is deemed to be likely

S&P Global Ratings on Aug. 21 downgraded Leslie’s Inc. (Nasdaq: LESL) to CCC-, from CCC, retaining a negative outlook, after the company said earlier this month that it has “begun exploring strategic alternatives” with certain stakeholders. S&P believes the alternatives could include an exchange that the agency would consider “distressed.” S&P also downgraded the company’s term loan due March 2028, a constituent of the Morningstar LSTA US Leveraged Loan Index, to CCC-, from CCC. S&P projects a 7

AMC credit upgrade comes with a catch
TheStreet50d agobullish
AMC credit upgrade comes with a catch

AMC Entertainment (AMC) has received one of the clearest signs yet that its financial position is improving. S&P Global Ratings raised the issuer credit rating of the movie theater operator to B- from CCC+ with a stable outlook. The ratings firm pointed to improved operating performance, ...

A Look At Wolverine World Wide (WWW) Valuation After Leadership Changes And Credit Rating Upgrade
Simply Wall St.134d agobullish
A Look At Wolverine World Wide (WWW) Valuation After Leadership Changes And Credit Rating Upgrade

Wolverine World Wide (WWW) is back in focus after reshaping leadership in its Work Group and receiving a credit rating upgrade from S&P Global Ratings, putting governance and balance sheet quality in the spotlight for stock watchers. See our latest analysis for Wolverine World Wide. Recent leadership changes and S&P’s upgraded credit rating come as Wolverine World Wide trades at US$17.01, with a 1 month share price return of 4.94% but a year to date share price decline of 6.59%, while the 1...