Moody's moves Bass Pro view to stable

Moody's Investors Service said it changed Bass Pro Group, LLC’s outlook to stable from negative.

“The change in outlook to stable from negative reflects Bass Pro's strong performance and Moody's expectation that despite a likely normalization in demand in the outdoor, firearms and sports categories in 2021 following the surge in 2020, credit metrics will remain in line with the Ba3 rating,” the agency said in a press release.

Concurrently, Moody's affirmed the company's Ba3 corporate family rating, Ba3-PD probability of default rating and B1 term loan rating.

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