New York, February 18, 2015 -- Moody's Investors Service today said that Bass Pro Group, LLC's ("Bass Pro") heavy borrowing under its upsized ABL and FILO tranche to fund the acquisition of fishing boat maker Fishing Holdings, LLC ("Fishing Holdings") is a credit negative because it significantly weakens near term liquidity. However, the Ba3 Corporate Family Rating, B1 term loan rating and stable outlook are unaffected due to Moody's expectation that 1) financial performance will to continue to improve over the next 12 months and 2) the company will address its tightening financial covenant cushion over the near term as well as look to term out at least a portion of its short term borrowing.

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