Moody’s downgrades Wayfair’s secured notes to B2, affirms B3 rating By Investing.com

Moody's Downgrades Wayfair's Debt, But Outlook Remains Stable: Wayfair's financial structure shifts with a downgrade from B one to B two, but the outlook remains stable. The online home goods retailer will use new secured notes to pay off convertible notes and general company needs. Despite high debt levels, Moody's expects revenue growth and improved debt leverage by the end of 2026. Wayfair's ratings could improve with consistent revenue and earnings growth.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.