Ascena Retail Group (ASNA) Comments on S&P Global Ratings Report
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ascena retail group Comments on S&P Global Ratings Report
March 12, 2020 5:23 PM EDTMAHWAH, N.J., March 12, 2020 (GLOBE NEWSWIRE) -- ascena retail group, inc. (Nasdaq: ASNA) (ascena or the Company) today issued the following statement in response to the recent report from S&P Global Ratings (S&P) relating to the Company:
As previously stated publicly, the ascena Board and management team continue to take proactive actions designed to optimize the Companys balance sheet. Bankruptcy is not being considered. The Company remains in full compliance with all of its obligations under its financing agreements and intends to remain so.
The rating change... More
