Moody's Ratings downgrades LBM Acquisition's CFR to Caa1; outlook stable
Rating Action: Moody's Ratings downgrades LBM Acquisition's CFR to Caa1; outlook stable. Global Credit Research- 26 Mar 2026. New York, March 26, 2026-- Moody's Ratings downgraded LBM Acquisition, LLC's corporate family rating to Caa1 from B3, probability of default rating to Caa1-PD from B3-PD, the ratings on the company's senior secured first lien term loan due 2031 and senior secured notes due 2031 to Caa1 from B3 and the senior unsecured notes due 2029 to Caa3 from Caa2.
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