E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/24/2012 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Moody's: Wendy's view stable

Moody's Investors Service said it affirmed the ratings of Wendy's Restaurants, LLC, including its B2 corporate family rating and probability of default rating.

The outlook was changed to stable from developing.

Moody's said the change in outlook reflects its view that operating performance will modestly improve due in part to new product offerings and remodeled and new restaurants, although soft consumer spending and cost inflation will limit any material growth in earnings over the next 12 months.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.