NEW YORK — Moody's Investor Service here said Tuesday it was affirming its ratings for C&S Group Enterprises, Keene, N.H., and was revising the wholesaler's outlook from stable to negative following the bankruptcy filing Sunday of A&P. A&P is one of C&S Whole Grocers' largest customers, accounting for an estimated 20% of the company’s annual revenue, Moody's noted. Moody's said it affirmed C&S' Ba3 corporate family and probability of default ratings and its B2 senior ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.