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Moody’s changes Innovation Ventures to stable
Moody's Investors Service said it affirmed Innovation Ventures, LLC’s B3 corporate family rating and changed the outlook to stable from negative.
The agency also affirmed the B3 senior secured rating and SGL-2 speculative grade liquidity rating.
Moody’s said the outlook revision to stable reflects its view that revenues have stabilized and will remain around current levels over the foreseeable future.
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