Merlin Entertainments is trading at $2.05, down 7.24%, after Moody’s downgraded its senior secured instruments.
- Moody’s changed Merlin’s outlook to negative, downgraded senior secured instruments to Caa2, and affirmed its Caa1 corporate-family rating.
- The credit action likely continues weighing on sentiment despite broader market and consumer-discretionary gains.
- Merlin fell 27.54% on September 16; no separate September 17 company announcement or earnings release was identified.