Moody's shifts Odyssey Logistics view to stable

Moody's Investors Service said it changed the outlook to stable from negative and affirmed the ratings of Odyssey Logistics & Technology Corp., including the B2 first-lien senior secured rating and the Caa2 second-lien senior secured rating.

“The affirmation of ratings and change in outlook to stable reflects Moody's expectation for a continued rebound in overall demand for Odyssey's services across most end markets, though recovery could at times be uneven due to lingering pandemic impacts as well as cross-industry supply chain disruptions,” the agency said in a press release.

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