Moody's Ratings affirms LBM Acquisition's B3 CFR, B3 senior secured and Caa2 senior unsecured ratings; outlook changed to negative from stable
Moody's Ratings (Moody's) affirmed LBM Acquisition, LLC's (dba US LBM) B3 corporate family rating (CFR) and B3-PD probability of default rating (PDR). We also affirmed the company's senior secured first lien term loans maturing 2027 and 2031 at B3 and senior unsecured notes due 2029 at Caa2 and the ...
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
- 130 countries
11,000 corporate issuers
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76,000 structured finance obligations
Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.
Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.
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