Rating Action: Moody's downgrades Guitar Center's PDR to D-PD following Chapter 11 filing. Global Credit Research- 23 Nov 2020. New York, November 23, 2020-- Moody's Investors Service downgraded Guitar Center Inc.' s probability of default rating to D-PD following the company's announcement that it has filed for protection under Chapter 11 of the US Bankruptcy Code.
Rating Action: Moody's downgrades Guitar Center's CFR to Ca following distressed exchange. Global Credit Research- 21 May 2020. New York, May 21, 2020-- Moody's Investors Service downgraded Guitar Center Inc.' s ratings following the company's entry into a transaction support agreement on May 13, 2020 with the majority of its lenders.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Guitar Center Inc.. Global Credit Research- 30 Apr 2020. New York, April 30, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Guitar Center Inc. and other ratings that are associated with the same analytical unit.
Rating Action: Moody's downgrades Guitar Center's CFR to Caa3. Global Credit Research- 10 Apr 2020. New York, April 10, 2020-- Moody's Investors Service downgraded Guitar Center Inc.' s corporate family rating to Caa3 from Caa2, probability of default rating to Caa3-PD from Caa2-PD, and the senior unsecured notes rating to Ca from Caa3.
Rating Action: Moody's downgrades Guitar Center's CFR to Caa2; outlook negative. Global Credit Research- 21 Feb 2020. New York, February 21, 2020-- Moody's Investors Service downgraded Guitar Center Inc.' s corporate family rating to Caa2 from Caa1, probability of default rating to Caa2-PD from Caa1-PD and senior secured notes rating to Caa2 from Caa1.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Guitar Center Inc.. Global Credit Research- 13 Jun 2019. New York, June 13, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Guitar Center Inc. and other ratings that are associated with the same analytical unit.
Rating Action: Moody's revises Guitar Center's outlook to stable from negative; CFR affirmed at Caa1. Global Credit Research- 30 Apr 2019. New York, April 30, 2019-- Moody's Investors Service today revised Guitar Center Inc.' s rating outlook to stable from negative.
Moody's Investors Service today stated that if the exchange offer announced by Guitar Center, Inc. (GCI) on 12 March 2018 proceeds as outlined, it will constitute a distressed exchange, which is an event of default under Moody's definition of default. As a result, Moody's downgraded GCI's Probab...
CORPORATES CREDIT OPINION 29 November 2017 Update RATINGS Guitar Center Inc. Domicile Westlake, California, United States Long Term Rating Caa1 Type LT Corporate Family Ratings Outlook Negative Please see the ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Keith Foley +1.212.553.7185
CORPORATES CREDIT OPINION 11 October 2017 Update RATINGS Guitar Center Inc. Domicile Westlake, California, United States Long Term Rating B3 , Possible Downgrade Type LT Corporate Family Ratings Outlook Rating(s) Under Review Please see the ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Conta
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