Moody’s changes Golden Eagle view to stable

Moody's Investors Service said it revised Golden Eagle Retail Group Ltd.'s outlook to stable from negative and affirmed its B1 corporate family and B2 senior unsecured ratings.

"The stable ratings outlook reflects our expectation that Golden Eagle will demonstrate stable operating performance over the next 12-18 months, and that it will successfully refinance its syndicated loan due in April 2018," Moody's vice president and senior analyst Gloria Tsuen said in a news release.

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