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11.11.2014 22:00:00
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Sears Holdings Corp. -- Moody's revises Sears Holdings rating outlook to negative, affirms Caa1 CFR and SGL-2 liquidity rating, and assigns Caa3 rating to new notes
New York, November 11, 2014 -- Moody's Investors Service today revised the rating outlook on Sears Holdings Corporation ("Sears") to negative from stable. Moody's also assigned a Caa3 (LGD 6) rating Sears Holdings Corporation's 8% Senior Unsecured Notes due 2019. The company's Caa1 Corporate Family Rating and SGL -- 2 rating -- indicating good liquidity over the next 12 months - were affirmed.
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