As expected following last month’s notification that it was reviewing the credit rating for VSTO, the ratings agency issued a B1 rating for its corporate secured debt, down from Ba3, and a B3 rating on its unsecured debt from a B2 rating earlier. Moody’s cited VSTO’s deteriorating credit metrics and weak operating performance in its new rating, saying that it believed the gun market would remain weak for ... Log in to view full article.