Moody’s changes VC GB view to stable

Moody’s Investors Service said it changed its outlook for VC GB Holdings I Corp. (Visual Comfort & Co.) to stable from negative.

“The stable outlook reflects Moody's expectation that Visual Comfort will be able to maintain its improved margins and will be able to improve its interest coverage metrics over the next 12-18 months,” the agency said in a press release.

Moody's said it also affirmed the company's B2 corporate family rating, B2-PD probability of default rating, B1 rating on its senior secured first-lien term loan and Caa1 rating on its senior secured second-lien term loan.

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