Odyssey Logistics' Debt Rating Plummets, Junk Territory Looms
Update: 2025-11-28
Description
Odyssey Logistics debt rating plummets to junk status, marking the second downgrade in less than three months, despite Moodys maintaining a stable outlook. The companys significant debt load and challenging freight market are cited as core issues, with Moodys predicting high leverage and weak interest coverage over the next year. Odyssey faces refinancing challenges due to substantial debt maturities in 2027, as the freight market is expected to remain difficult until 2026.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
