Moody’s Weighs in on Wahoo Fitness
Echoing S&P’s downgrade of the bike training equipment company last week, Moody’s slashed its corporate family rating rating and senior secured first lien credit facility rating Ca from Caa3. Moody’s considers the missed interest and principal payment due Mar. 31 a default, even though Wahoo reached a forbearance ... Log in to view full article.
