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Published on 9/3/2010 in the Prospect News High Yield Daily.

Moody's: Leslie's Poolmart unchanged

Moody's Investors Service said the ratings of Leslie's Poolmart, Inc. are not impacted by the Aug. 26 announcement that a definitive agreement has been reached for CVC Capital Partners to invest in Leslie's parent company, Leslie's Holdings, Inc.

The company has B3 corporate family and probability of default ratings, and its senior unsecured notes due 2013 are rated B1 (LGD 2, 24%). The outlook is stable.


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