Weekly Downgrade Wrap-Up (Slow Week!)
As usual, I have a week's worth of Moody's and S&P downgrades on PE-backed companies. This week was a down week, with a mere four downgrades compared with last week's , and one withdrawal - Fenway Partners' suitcase maker, Targus Group. S&P also withdrew the rating for Pegasus Capital's Merisant Worldwide, the sugar maker that went bankrupt last month. Our downgraded company's sponsors include ABRY partners, Banc of America Capital Investors, Generation Partners, and Welsh Carson.
13 March 2009•2 mins read
