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S&P up Destination Maternity outlook to stable
Standard & Poor's said it revised its outlook on Destination Maternity Corp. to stable from negative.
At the same time, the agency said it affirmed all ratings on the company, including the corporate credit rating of B-.
"The outlook revision reflects the company's recent payments under its term loan, commitment to further leverage reductions, and improved cushion under its covenants," said S&P credit analyst David Kuntz.
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