Moody’s Downgrades Getty Debt From Stable To Negative
Posted on 12/16/2014 by Jim Pickerell | Printable Version |
Moody's Investors Service ("Moody's") changed the rating outlook of Getty Images, Inc.
to negative from stable due to continuing declines in Midstock revenue. Moody's also revised its forecast indicating very high leverage over the next 12 months with reduced free cash flow. Moody's affirmed the B3 Corporate Family Rating, B3-PD Probability of Default Rating.
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