Moody's may cut Masonite International

Moody's Investor's Service said it placed all of the debt ratings for Masonite International Corp. on review for downgrade.

On review are Masonite's Ba2 rated $42 million term loan B due 2006 and $571 million term loan C due 2008, Ba2 senior implied rating and Ba3 issuer rating.

Moody's said the review for possible downgrade was prompted by the recent announcement that the company is to be acquired by an affiliate of Kohlberg Kravis Roberts & Co. for C$3.1 billion.

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