Moody’s changes Acuity to positive

Moody's Investors Service said it affirmed the Baa2 senior unsecured rating for Acuity Brands Lighting, Inc., whose obligations are guaranteed by Acuity Brands, Inc., and changed its outlook to positive from stable.

The positive outlook reflects Acuity's better than anticipated performance over the last year and Moody's expectation that the company will continue to improve its overall credit condition as the company expands its operations across key North American markets for commercial and residential lighting applications.

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