Golden Goose Gets Positive Outlook from Moody’s
The luxury sneaker brand’s corporate family rating and rating on its €480 million senior secured notes due May 2027 were maintained at B2, with a positive outlook on its strong operating performance. The ratings agency noted that adjusted gross debt/EBITDA has been reduced to about 3.5x from 6.5x in May 2021, helped by double-digit gains in sales and earnings. Its meteoric growth is expected ... Log in to view full article.
