Moody's: Lantheus view to positive

Moody's Investors Service sad it changed the outlook of Lantheus Medical Imaging, Inc. to positive from negative and upgraded the speculative grade liquidity rating to SGL-3 from SGL-4.

At the same time, the agency affirmed the company's Caa2 corporate family rating, Caa2-PD probability of default rating and the Caa2 senior unsecured rating.

"The combination of rising Definity sales and the impact of ongoing cost reductions have improved Lantheus's liquidity position, reversing downward rating momentum," Moody's senior vice president Michael Levesque said in a news release.

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