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Cycling Weekly
Cycling Weekly
Sport
Adam Becket

Wahoo credit rating lowered after it fails to pay its debt service payments

Inside Wahoo's science Center

Bike computer and tech company Wahoo Fitness has had its credit rating lowered by rating agency Moody's after it delayed debt service payments at the beginning of this month.

It is just the latest bit of bad news for the American business, maker of the Elemnt computers and Kickr smart trainers, after repeated warnings of a liquidity shortfall at the company, reported by business site SGB Media.

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