Clover’s Debt Rating Is Upgraded by Moody’s


Moody’s Investors Service recently upgraded its debt ratings for 4L Technologies—another name for Clover Technologies Group. The rating agency’s move is good news for Clover because last October Moody’s downgraded Clover’s debt rating citing uncertainties related to the stabilization of the business following a multi-year contraction in sales and profitability and the company’s elevated debt leverage.

To see the rest of this post, please view membership options or log in to your account below.