10.08.2016 18:27:00

Fender Musical Instruments Corporation -- Moody's upgrades Fender's CFR to B1; rating outlook stable

New York, August 10, 2016 -- Moody's Investors Service upgraded Fender Musical Instruments Corporation's ("Fender") Corporate Family Rating to B1 from B2 due to much improved credit metrics and Moody's expectation that the improvements will be sustained. The rating outlook is stable.

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