[LSCManufacturing.com]

BRIEF-Moody's cuts Heckler & Koch to Caa2, negative outlook | Reuters


Feb 08 (Reuters) - Heckler & Koch GmbH (Heckler & Koch)

* Moody's downgrades Heckler & Koch to Caa2 from Caa1, negative outlook

 

[PSG1 Nut]

That was 3 years ago! Though they are still rated a Caa2. I wonder if this means that might be up for sale soon?

 

[Wolvee]

I'm sorry I missed the point of the thread and the replies.

 

[straightgrain]

In perspective, that cut is like attempting to grade various types of poop. While it can be done, you need to realize the macro perspective of what you are examining. While debt is a tool, the entire globe happens to be faced with a major debt issue and the whole debt/credit market is anything but calm. HK made a bunch of stupid debt moves in the past that are now biting them in the butt. Guess how many other companies are in the same boat?

 

[Blitzkrieg]

So a fire sale is coming? :41:

 

[HKGuns]

I guess the point of your posting a 4 year old debt downgrade has completely escaped me. Besides being 4 years old, it is meaningless without taking into the context of how it compares with other firms in the same industry. I'd say based on the acquisition pace of the freedom group, HK isn't alone in the firearms industry. I also don't know the structure of HK as a business. They don't appear to be publicly traded based on my 30 second search.

 

[LSCManufacturing.com]

Hkguns you might want to actually read the story before commenting it was Feb 8th 2012

 

[ecsuser]

ooops - damn European date formatting.

 

[HKGuns]

I did read the story, my apologies for missing the EU date format! The rest of my points remain valid.