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27.02.2014 22:48:00
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Great Lakes Dredge & Dock Corporation -- Moody's says Great Lakes Dredge & Dock's announced intention to sell its demolition business is credit positive; ratings unchanged
New York, February 27, 2014 -- Moody's Investors Service said that Great Lakes Dredge & Dock Corporation's ("Great Lakes") recent announcement that it approved a plan to sell its demolition business is a credit positive event. However, Great Lakes' ratings including its B3 Corporate Family Rating ("CFR"), SGL-3 Speculative Grade Liquidity Rating and stable rating outlook are unaffected.
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