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Briggs & Stratton Corporation -- Moody's changes Briggs & Stratton's outlook to negative; affirms Ba3 CFR

Moody's Investors Service ("Moody's") changed Briggs & Stratton Corporation's ("Briggs & Stratton") rating outlook to negative from stable. Concurrently, Moody's affirmed the company's Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default rating, Ba3 senior unsecured notes rating and SGL-3 Speculative Grade Liquidity ("SGL") rating.