Moody’s revises SurveyMonkey view to stable

Moody’s Investors Service said it revised the outlook for SurveyMonkey Inc. to stable from positive, citing the expected reduction in spending on surveys by customers because of the coronavirus pandemic.

The agency affirmed SurveyMonkey’s B3 corporate family rating and Caa1-PD probability of default rating. Moody’s also affirmed ratings on $75 million revolver due 2023 and $217 million term loan due 2025 at B3.

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