By  on March 21, 2016

Credit analysts at Moody’s are worried about unsustainable capital structures at some leading retailers — but the companies contend any problems are at least two-to-three years down the road.

The credit ratings agency said highly leveraged retailers are facing increased refinancing risk when their debt starts to mature. It concluded that “high leverage and weak operating performance” will increase the refinancing risk for retailers having a credit rating of “B3 negative and below.”

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