Moody’s has upgraded the debt ratings of Wolverine Worldwide, Inc. which also owns the brands Merrell and Saucony. The rating upgrades include Wolverine’s Corporate Family Rating (CFR), raised to B1 from B2, the Probability of Default Rating (PDR), improved to B1-PD from B2-PD, and the rating of the senior unsecured global bonds, elevated to B2Continue reading “Moody’s upgrades Wolverine Worldwide’s rating”