|Bid||0.0240 x 0|
|Ask||0.0250 x 0|
|Day's Range||0.0240 - 0.0250|
|52 Week Range||0.0130 - 0.0760|
|Beta (5Y Monthly)||0.32|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of CentralSquare Technologies, LLC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Investors Service ("Moody's") downgraded CentralSquare Technologies, LLC's ("CentralSquare", formerly known as SuperMoose Borrower, LLC) Corporate Family Rating ("CFR") to Caa1 from B3, and Probability of Default rating ("PDR") to Caa1-PD from B3-PD. Moody's also downgraded the ratings on the company's first lien credit facilities to B3 from B2, as well as the ratings on CentralSquare's second lien term loan to Caa3 from Caa2. The rating downgrades are driven by CentralSquare's weaker than expected operating performance since the company was formed in September 2018, diminished liquidity, and Moody's expectations of softer than expected operating results and cash flows over the next 12 to 18 months.