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Article: Moody's cuts Da-Lite Screen outlook to "negative".
- Article from:
- ADP Debt News
- Article date:
- September 1, 2009
CopyrightCOPYRIGHT 2009 Aii Data Processing Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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(ADPnews) - Sep 1, 2009 - Moody's lowered Monday the outlook on US projections screen producer Da-Lite Screen Company Inc citing worries over sustained pressure on sales volume and profitability in the weak economic environment.
As a result, the cushion under its sound credit metrics could be depleted, the agency said.
In addition, the agency reiterated the company's B1 corporate family and probability of default ratings, its SGL-2 speculative grade liquidity rating, as well as the B1 (LGD4, 51%) rating on its senior unsecured notes maturing in May 2011.
The agency highlighted Da-Lite's positive free cash flow generation and debt reduction. ...
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Article: Da-Lite Screen Company Files 10-Q for the Third ...
Business Wire;
October 30, 2007 ;
501 words
...WARSAW, Ind. -- Da-Lite Screen Company, Inc. (Bloomberg: DALITE), a leading ... and Exchange Commission (SEC). About Da-Lite Screen Company, Inc. Da-Lite Screen Company, Inc. is a leading manufacturer of ...
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