(Reuters) - A key factor in Moody's rating action was the significant
increase in leverage that will occur following the buybacks,
the credit agency said in a statement.
Moody's cut Home Depot's senior unsecured debt rating four
notches to "Baa1," the third-lowest investment grade, from
"Aa3."
Read more at Reuters.com Bonds News
increase in leverage that will occur following the buybacks,
the credit agency said in a statement.
Moody's cut Home Depot's senior unsecured debt rating four
notches to "Baa1," the third-lowest investment grade, from
"Aa3."
Read more at Reuters.com Bonds News
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