Moody’s cuts CompuCom, loan, notes

Moody's Investors Service said it downgraded CompuCom Systems, Inc.'s corporate family rating to B3 from B2, probability of default rating to B3-PD from B2-PD, senior secured bank facility to B2 and senior unsecured notes to Caa2.

The outlook remains negative.

Moody’s said the downgrade was driven by sustained weakening in operating performance and resulting increase in debt leverage that the company has experienced in recent quarters since the agency’s outlook revision to negative from stable in September 2014.

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