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Organization: Michaels Stores
LEI BV4WJ23XIGNG4UDYEK73

Organization name
Michaels Stores, Inc.
Country name
USA
Country of registration
USA
Industry
Specialty Retailers
Bond debt
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Profile

Company Overview Michaels Stores, Inc. operates as an arts and crafts specialty retailer in North America. Its stores offer arts, crafts, framing, floral, home décor, and seasonal merchandise for the hobbyists and do-it-yourself home decorators. The company was founded in 1962 and is headquartered in Irving, Texas.

Awards

News

20/05/2021 Moody's Investors Service withdrew LT- local currency credit rating for Michaels Stores
18/09/2020 New bond issue: Michaels Stores issued international bonds (USU59329AJ85) with a 4.75% coupon for USD 375.0m maturing in 2027
18/09/2020 Moody's Investors Service affirms Michaels Stores at "Ba3" (LT- local currency credit rating); outlook stable
14/05/2020 Moody's Investors Service downgrades LT- local currency credit rating of Michaels Stores to "Ba3"; outlook stable
18/06/2019 Moody's Investors Service affirms Michaels Stores at "Ba2" (LT- local currency credit rating); outlook stable
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Codes

  • LEI
    BV4WJ23XIGNG4UDYEK73
  • SIC
    5945 RETAIL-HOBBY, TOY & GAME SHOPS
  • CIK
    0000740670

Credit and ESG Ratings

Macroeconomic Indicators - Michaels Stores

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