Moody’s Downgrades Dayton Superior

Moody’s Investors Service has downgraded Dayton Superior Corp.’s (Nasdaq: DSUP) corporate family rating from B2 to Caa1. It also has reduced ratings on its senior and subordinated debt. Dayton is a Dayton, Ohio-based concrete forming and shoring rental company, which was taken public in late 2006 by private equity backer Odyssey Investment Partners. Odyssey still holds more than 30% of the company’s outstanding shares.

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