Moody's places ratings of Esterline Technologies and subsidiaries (CFR of Ba1) under review for downgrade
New York, January 11, 2017-- Moody's Investors Service has placed the ratings of Esterline Technologies Corp., and its supported subsidiaries under review for downgrade, including the Corporate Family of Ba1 and senior unsecured of Ba2. The Speculative Grade Liquidity Rating is unchanged at SGL-2. The review was prompted by lackluster income and free cash flow generation over the last year with an increased debt amount.
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