Moody's affirms Winebow

Moody's said it affirmed the Winebow Group, LLC's corporate family rating and probability of default rating at Caa1 and Caa1-PD.

Winebow Holdings, Inc.'s first-lien term loan was simultaneously affirmed at Caa1 and the second-lien term loan at Caa2.

The outlook remains stable.

“The ratings reflect Winebow's very high financial leverage after weak operating performance over the past few years and debt-financed expansion,” Moody’s said in a news release.

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