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29.01.2016 17:41:00
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Hoover Group, Inc. -- Moody's downgrades Hoover's CFR to B3; rating outlook stable
New York, January 29, 2016 -- Moody's Investors Service ("Moody's") downgraded Hoover Group, Inc.'s ("Hoover") Corporate Family Rating to B3 from B2 and Probability of Default Rating to Caa1-PD from B3-PD. At the same time, the rating on the bank credit facilities was downgraded to B3 from B2. The rating outlook is stable.
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