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Moody’s changes Alphabet, NTBY to negative
Moody's Investors Service said it changed Alphabet Holding Co., Inc.'s and its subsidiary NBTY, Inc.'s rating outlook to negative from stable.
The agency affirmed all existing ratings, including the B2 corporate family rating.
Moody’s said the negative outlook is a result of continued declines in operating performance due to soft industry trends coupled with a highly levered capital structure.
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