Moody’s upgrades Brunswick rating

Posted May 24, 2010 at 12:50 p.m.

Associated Press via Forbes | Moody’s Investors Service upgraded boat maker Brunswick Corp.’s rating outlook on Monday to “stable” from “negative” based on a belief that Brunswick’s credit will not deteriorate further and might even improve over the near- to midterm. At the same time, Moody’s raised Brunswick’s speculative-grade liquidity rating to “SGL1.”

 

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