After quiet buildup in Mass., Ascend Learning roiled by $440M debt load
June 14, 2013 at 06:22 AM EDT
Ascend Learning, a private-equity backed provider of training and testing products for the education and health care sectors, saw its bond rating tumble deeper into “junk” status this week amid concerns over faltering sales and speculation that its $440 million debt stack may be unsustainable over the long term...