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Published on 8/21/2020 in the Prospect News Bank Loan Daily.

S&P revises Outdoor Home view to stable

S&P said it revised the outlook on Outdoor Home Services Holdings LLC, parent company of TruGreen LP, to stable from negative.

At the same time, the agency affirmed all of its ratings on Outdoor Home Services Holdings and TruGreen, including the B issuer credit ratings.

“The stable outlook reflects our expectation that the company’s performance should be stable as lawn-care services were deemed essential across the country, and the company has stabilized its customer base,” S&P said in a news release.


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