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DEI Sales

Is Sound United Sound? Top Credit Rating Agency Says It’s ‘Speculative’

April 30, 2021 by Ted 2 Comments

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Moody’s Investors Service, one of the top credit rating agencies in the world, said this month that DEI Sales, Inc., dba Sound United, has been assigned a credit rating of B2 and a probability of default rating of B2-PD. In addition to this, they are assigning another B2 rating to Sound United’s proposed $380 million senior secured first lien term loan due in 2028. The forward looking “outlook” for Sound United and this rating is “stable.”

What does a B2 rating of Sound United mean?

[Read more…] about Is Sound United Sound? Top Credit Rating Agency Says It’s ‘Speculative’

Filed Under: Brands, Financial, Management, Manufacturers, News, Strategy Tagged With: Boston Acoustics, Bowers & Wilkins, Charlesbank Capital Partners, Classe, Definitive Technology, DEI Sales, Denon, FS KKR, HEOS, Marantz, Moody's Investors Services, Polk Audio, Sound United

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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.

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