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26.05.2016 23:43:00
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MSC Software Corporation -- Moody's downgrades MSC Software to B3
New York, May 26, 2016 -- Moody's Investors Service ("Moody's") downgraded MSC Software Corporation's corporate family rating to B3 from B2 and probability of default rating to B3-PD from B2-PD. Moody's also downgraded the second lien term loan to Caa2 from Caa1 and affirmed the B1 ratings on the first lien term loan. The ratings outlook is stable.
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