• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About Strata-gee
  • Contact Us
  • Free Newsletter
  • Sponsor Strata-gee
  • Privacy Policy
  • Latest Posts
  • Strategy
  • Technology
  • Products
  • People
  • Statistics
  • Financial
  • Legal
  • Economic
  • Events

Strata-gee.com

Strategy in TECH...

Sonance James Small Aperture Series
You are here: Home / Archives for credit rating

credit rating

SnapAV Slammed with Credit Downgrade by Moody’s

July 18, 2019 by Ted Leave a Comment

SnapAV logo

Credit rating agency Moody’s Investors Service has downgraded the credit rating of Wirepath LLC (corporate name of SnapAV) from B2 to B3 in the wake of their announced acquisition of Control4. The primary reason for the downgrade is due to the fact that SnapAV will be forced to increase their debt by an additional $390 million to a new high of $683 million in order to close on this acquisition.

See more on SnapAV’s credit downgrade…

[Read more…] about SnapAV Slammed with Credit Downgrade by Moody’s

Filed Under: Brands, Distributors, Financial, Integrators, Manufacturers, News, Retailers, Strategy Tagged With: acquisition, Control4, credit, credit rating, debt, SnapAV

Of Gibson, S&P Says: ‘Default is Imminent’

February 23, 2018 by Ted Leave a Comment

Logo for Gibson BrandsS&P Global Ratings, part of top credit rating agency Standard and Poor’s, this week lowered their rating of Gibson Brands, Inc. to “CCC-” – down one step from the already low rating of “CCC.” Their outlook on Gibson? “Negative.” A rating of CCC- means that “default is imminent.”

See more on this latest torpedo to hit the good ship Gibson… [Read more…] about Of Gibson, S&P Says: ‘Default is Imminent’

Filed Under: Financial, Manufacturers Tagged With: credit rating, Gibson, Gibson Brands, Gibson Guitar, Henry Juszkiewicz, Standard & Poors

Is Gibson Brands Headed for a Default?

August 24, 2017 by Ted 3 Comments

Moody’s Hits Gibson Brands with Another Credit Downgrade

Logo for Gibson BrandsMoody’s Investors Service, one of the largest credit rating services in the world, has downgraded the credit rating for Gibson Brands, the Nashville-based parent of Gibson Guitar, Onkyo, Teac, KRK, Philips, Stanton and more. Moody’s has set their rating on Gibson Brands debt to Caa3, down one step from Caa2.

The move caused Wall Street investment analyst The Street to raise the specter of the possibility of Gibson Brands defaulting on their debt.

See why Moody’s says the Gibson Brands situation is unsustainable… [Read more…] about Is Gibson Brands Headed for a Default?

Filed Under: Brands, Financial, Management, News Tagged With: credit rating, debt, Gibson, Gibson Brands, Gibson Guitar, Henry Juszkiewicz, KRK, Moody's, Moody's Investors Services, Onkyo, Philips, Stanton, Teac

Primary Sidebar

Search

Sign-Up for Our FREE Newsletter

loader

Latest Posts

New Housing Starts in June Rebound 4.6% From May, But Remain Below 2024

Permits Issued in June Send a Clear Warning Signal It's a bit of a mixed bag … [Read More...] about New Housing Starts in June Rebound 4.6% From May, But Remain Below 2024

  • Premium Audio Company and Pioneer Corp Formally End Partnership
  • A Tough Task, A Turbulent Time; Yet Manley Labs Owner Overcomes All to Achieve the American Dream
  • Latest Financial Results for Samsung and LG Show Impact of Trade Troubles

Categories

Sponsors

Crestron Register for Expo
AudioControl Single Zone Amps
Sonance James Small Aperture
Savant

Tag Cloud

acquisition Amazon Apple AudioControl B&W Bowers & Wilkins CEDIA CEDIA Expo CES Control4 Core Brands COVID-19 Crestron D&M Holdings Denon Emerald Expositions Foxconn Gibson Brands Gibson Guitar Google headphones Henry Juszkiewicz Hon Hai Precision Industry Co. housing starts Integra Joe Kiani LG Masimo Nortek OLED Onkyo Panasonic patent infringement Pioneer Samsung Savant Sharp smart home SnapAV Snap One Sonos Sony Sound United SpeakerCraft Toshiba

Footer

Got News?

HEY PR & Marketing Pros: Have NEWS for Strata-gee readers?

Send it to: HotNews@strata-gee.com

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Sponsor Strata-gee

Strata-gee Ads

Archives

Translate

Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

Follow Ted Green

  • Facebook
  • X
  • LinkedIn
  • Instagram

Copyright © 2025 Strata-gee.com · The Stratecon Group, Inc. All Rights Reserved · Log in