Moody's confirms American Reprographics

Moody's Investors Service said it confirmed American Reprographics Co., LLC's Ba3 corporate family rating and the Ba2 rating on its senior secured credit facilities.

The outlook is negative.

This action completes a review that was initiated on Feb. 26, the agency said, noting that the negative outlook reflects a significant contraction in sales and earnings over the past two quarters that has resulted in weakened credit metrics.

The outlook also considers the potential for protracted weakness in the company's key commercial construction end-market to continue to pressure operating performance, Moody's said.

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