10.12.2013 21:17:00
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Freedom Group, Inc. -- Moody's affirms Freedom Group's B1 CFR and upgrades liquidity rating
New York, December 10, 2013 -- Moody's Investors Service affirmed Freedom Group, Inc.'s ("Freedom Group") B1 Corporate Family Rating in connection with its $175 million term loan add on. The Ba3 rating on the $400 million term loan was affirmed as was the B3 rating on the $250 million secured notes. The speculative grade liquidity rating was upgraded to SGL 1 from SGL 2. The rating outlook is stable.