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Moody’s Downgrades 2 Sisters Food Group Parent Boparan Holdings

Published on Apr 19 2018 8:29 AM in A-Brands tagged: Trending Posts / Moody's / 2 Sisters Food Group / Boparan Holdings / Paywall

Moody’s Downgrades 2 Sisters Food Group Parent Boparan Holdings

Moody’s Investors Service has announced that it has downgraded Boparan Holdings Limited, the parent holding company of 2 Sisters Food Group, from B3 to Caa1.

The ratings agency made the decision following what it described as a ‘further deterioration in the company's operating performance’ during the second quarter of its current fiscal year.

‘Weaker Than Assumptions’

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