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Moody's downgrades Guitar Center's PDR to D-PD following Chapter 11 fi...

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.

Guitar Center Inc.: Update following distressed exchange and CFR downg...

Our credit view on Guitar Center, reflecting the high risk of a follow-on debt restructuring as a result of high leverage and near-term maturities

Moody's downgrades Guitar Center's CFR to Ca following distressed exch...

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.

Moody's announces completion of a periodic review of ratings of Guitar...

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.

Moody's downgrades Guitar Center's CFR to Caa3

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.

Guitar Center Inc. (GCI): Update following CFR downgrade to Caa2 with ...

Our credit view on Guitar Center, reflecting its elevated risk of debt restructuring as a result of high leverage and near-term maturities, partly mitigated by good market position

Moody's downgrades Guitar Center's CFR to Caa2; outlook negative

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.

Moody's announces completion of a periodic review of ratings of Guitar...

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.

Moody's revises Guitar Center's outlook to stable from negative; CFR a...

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 downgrades Guitar Center's PDR to Ca-PD; Caa1 CFR affirmed, ne...

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...

Please Change Name Keith Foley
  • Please Change Name Keith Foley

Guitar Center Inc.: Update following downgrade to Caa1, Outlook Negati...

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

Please Change Name Keith Foley
  • Please Change Name Keith Foley

Moody's downgrades Guitar Center Inc. to Caa1; outlook negative

Rating Action: Moody's downgrades Guitar Center Inc. to Caa1; outlook negative. Global Credit Research- 28 Nov 2017. Approximately $940 million of rated debt affected.

Please Change Name Keith Foley
  • Please Change Name Keith Foley

Guitar Center Inc.: Update following downgrade to B3 and review for fu...

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

Please Change Name Keith Foley
  • Please Change Name Keith Foley

Moody's downgrades Guitar Center Inc. to B3; on review for further dow...

Rating Action: Moody's downgrades Guitar Center Inc. to B3; on review for further downgrade. Global Credit Research- 28 Sep 2017. Approximately $940 million of rated debt affected.

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