The Sports Authority’s missed interest payment to loan investors has prompted downgrades from two major rating agencies.
The company missed the $21 million payout due Jan. 15 in the midst of creditor discussions, Bloomberg News reported last week.
Complete access to real-time information and analysis of news and trends in the industry.
14-Day Free Trial
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In