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Moody's downgrades Men's Wearhouse's PDR to D-PD following Chapter 11 ...

Rating Action: Moody's downgrades Men's Wearhouse's PDR to D-PD following Chapter 11 filing. Global Credit Research- 04 Aug 2020. New York, August 04, 2020-- Moody's Investors Service, downgraded The Men's Wearhouse, Inc. ratings, including its probability of default rating to D-PD from Caa2-PD, corporate family rating to Ca from Caa2, senior secured term loan rating to Ca from Caa2, and unsecured notes to C from Ca.

Men's Wearhouse, Inc. (The): Update following downgrade to Caa2; negat...

Our credit view reflecting expected significant deterioration in 2020 performance due to COVID-19, an elevated risk of debt restructuring, and debt maturities starting in April 2022.

Moody's downgrades Men's Wearhouse's CFR to Caa2; outlook negative

Rating Action: Moody's downgrades Men's Wearhouse's CFR to Caa2; outlook negative. Global Credit Research- 29 May 2020. New York, May 29, 2020-- Moody's Investors Service, today downgraded The Men's Wearhouse, Inc. ratings, including its corporate family rating to Caa2 from B3, probability of default rating to Caa2-PD from B3-PD, secured term loan rating to Caa2 from B3 and unsecured note rating to Ca from Caa2.

Men's Wearhouse, Inc. (The): Update following downgrade to B3; review ...

Our credit view of the company, reflecting weak operating performance and credit metrics and our expectation for further significant declines in 2020 due to the impact of the coronavirus.

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

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Men's Wearhouse, Inc.. Global Credit Research- 24 Apr 2020. New York, April 24, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Men's Wearhouse, Inc. and other ratings that are associated with the same analytical unit.

Moody's downgrades Men's Wearhouse's CFR to B3; ratings on review for ...

Rating Action: Moody's downgrades Men's Wearhouse's CFR to B3; ratings on review for further downgrade. Global Credit Research- 25 Mar 2020. New York, March 25, 2020-- Moody's Investors Service, today downgraded The Men's Wearhouse, Inc. ratings, including its Corporate Family Rating to B3 from Ba3, Probability of Default Rating to B3-PD from Ba3-PD, secured term loan rating to B3 from Ba3 and unsecured note rating to Caa2 from B2.

Men's Wearhouse, Inc. (The): Sale of Joseph Abboud trademarks will boo...

Sale of the Joseph Abboud trademarks for $115 million boosts liquidity for debt reduction and investment in business transformation initiatives.

Men's Wearhouse, Inc. (The): Update following outlook change to negati...

Our credit view of the company reflects the potential for protracted weakness while it implements transformation initiatives in a challenging apparel retail environment.

Moody's revises Men's Wearhouse's ratings outlook to negative

Rating Action: Moody's revises Men's Wearhouse's ratings outlook to negative. Global Credit Research- 14 Jan 2020. New York, January 14, 2020-- Moody's Investors Service, today revised the ratings outlook on The Men's Wearhouse, Inc. to negative from stable, and affirmed its ratings, including the Ba3 Corporate Family Rating, Ba3-PD Probability of Default Rating, Ba3 secured term loan rating and B2 unsecured note rating.

Moody's: Sale of corporate apparel business and higher Q2 EPS guidance...

Announcement: Moody's: Sale of corporate apparel business and higher Q2 EPS guidance are credit positives for Men's Wearhouse. Global Credit Research- 20 Aug 2019. New York, August 20, 2019-- Moody's Investors Service says Tailored Brands, Inc.' s August 19, 2019 announcement that it has closed the sale of its corporate apparel business and raised its adjusted earnings per share guidance for its second quarter, is credit positive.

Men's Wearhouse, Inc. (The): Sale of corporate apparel business and hi...

Sale of corporate apparel business will allow the Company to focus on its core retail business in the U.S. and Canada, and further reduce debt.

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

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Men's Wearhouse, Inc.. Global Credit Research- 11 Jun 2019. New York, June 11, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Men's Wearhouse, Inc. and other ratings that are associated with the same analytical unit.

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