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Moody's Upgrades Best Buy (BBY) to 'Baa1'; Notes Changes to Capitalizing Operating Leases Approach
August 24, 2015 11:21 AM EDTMoody's Investors Service upgraded all ratings of Best Buy (NYSE: BBY) ("Best Buy"), including the Senior Unsecured rating, which was upgraded to Baa1 from Baa2. A stable outlook was assigned. This concludes the review for upgrade that commenced on June 16, 2015.
Upgrades: ..Issuer: Best Buy Co., Inc.
.... Issuer Rating (Local Currency), Upgraded to Baa1 from Baa2
....Senior Unsecured Regular Bond/Debenture (Local Currency) Aug 1, 2018, Upgraded to Baa1 from Baa2
....Senior Unsecured Regular Bond/Debenture (Local Currency) Mar 15, 2016, Upgraded to Baa1 from Baa2
....Senior Unsecured Regular Bond/Debenture (Local Currency) Mar... More
