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Moody’s rates Michaels Stores Ba2
Moody's Investors Service said it assigned Michaels Stores, Inc.’s Ba2 corporate family rating, Ba2-PD probability of default rating, SGL-1 speculative grade liquidity rating and stable outlook to a different entity in the legal structure, for administrative purposes.
These ratings, which had previously resided at Michaels Cos., Inc., are now assigned to Michaels Stores, Inc.
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