Several restaurant companies are discounting their inclusion on the Moodyâ€™s Investors Servicesâ€™ â€śBottom Rungâ€ť list, which designated firms the debt rating agency says hold the highest risk of default.Moodyâ€™s released its Bottom Rung list March 10, highlighting 283 companies from the 2,055 companies it covers in all industry segments. Moodyâ€™s said the companies listed face the greatest risk of default because they hold large amounts of leverage and have limited access to cash. It will update ...
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Contact: Desiree Torres Desiree.Torres@penton.com