Moody's: UniTek view to stable

Moody's Investors Service said it changed UniTek Global Services, Inc.'s outlook to stable from developing due to the company's recent filing of its 10-K for the fiscal year ending Dec. 31 with an unqualified audit opinion and its steady operating performance in 2013.

In addition, the company publicly indicated that it will address its high interest burden.

UniTek's corporate family rating and probability of default rating ratings were affirmed at Caa2 and Caa2-PD, respectively. Concurrently, the rating on the company's $135 million term loan due 2018 was affirmed at Caa2.

A speculative grade liquidity rating of SGL-4 was assigned, denoting a weak liquidity profile.

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