Moody’s Downgrades ATD Probability of Default Rating After Debt Plan Announcement
Moody’s downgraded ATD’s probability of default rating and other ratings for senior subordinated notes after it announced a plan for a debt-for-equity exchange that it will offer bondholders.
64 Million U.S. Drivers Cannot Pay Unexpected Car Repair
A new study from AAA found that 64 million American drivers would not be able to pay for an unexpected vehicle repair without going into debt.
