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11.04.2016 20:47:00
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DJO Finance LLC -- Moody's downgrades DJO Finance's CFR to Caa1; outlook stable
New York, April 11, 2016 -- Moody's Investors Service downgraded DJO Finance LLC's ("DJO") Corporate Family Rating to Caa1 from B3 and its Probability of Default Rating to Caa1-PD from B3-PD. At the same time, Moody's downgraded DJO's senior secured credit facilities' rating to B1 from Ba3, second priority senior secured notes' rating to Caa2 from Caa1, and senior secured global notes' rating to Caa3 from Caa2. The rating outlook is stable. The Speculative Grade Liquidity Rating was affirmed at SGL-3.
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