Moody’s downgrades Screenvision

Moody’s Investors Service said it downgraded Screenvision, LLC’s ratings, including the corporate family rating and senior secured first-lien revolver and first-lien term loan to B2 from B1, and placed all credit ratings on review for further downgrade. The agency changed the outlook to ratings under review from stable.

The actions reflect the effect of the coronavirus outbreak on Screenvision, the breadth and severity of the shock, and the broad deterioration in credit quality it has triggered, Moody’s said.

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