Moody’s alters Women’s Care view to negative

Moody’s Investors Service said it revised its outlook for Women’s Care Holdings Inc. to negative from stable and affirmed its ratings, including the B2 rating of the company's senior secured first-lien term loan and revolving credit facility and Caa2 rating of the second-lien term loan.

"The negative outlook reflects the weaker interest coverage in the face of higher interest rates, and challenges on costs that have led to lower EBITDA than we anticipated, "said Moody’s Jason Mercer, in a press release.

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