Report
EUR 702.45 For Business Accounts Only

Spectrum Brands, Inc.: Covenant Quality Post-Sale Snapshot: $300m 5.50% Senior Notes due 2030

The covenant package of Spectrum Brands, Inc. provides weakest-level protection, as reflected by a CQ score of 4.48.
Underlying
Spectrum Brands Holdings Inc.

Spectrum Brands Holdings manufactures, markets and/or distributes its products globally in the North America, Europe, Middle East and Africa, Latin America and Asia-Pacific regions through retailers, wholesalers and distributors, original equipment manufacturers and construction companies. The company's segments are: Hardware and Home Improvement, which includes security, plumbing and accessories, and builders' hardware product categories; Home and Personal Care, which includes home appliances and personal care product categories; Global Pet Care, which includes companion animal and aquatics product categories; and Home and Garden, which includes household and controls product categories.

Provider
Moody's Investors Service
Moody's Investors Service

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
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    76,000 structured finance obligations



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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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