LPC: Petsmart's loan under pressure after weak 3Q earnings
December 15, 2017 at 12:42 PM EST
NEW YORK, Dec 15 (Reuters) - Pet supplies retailer Petsmart’s US$4.2bn leveraged loan has fallen in the US secondary market after the company reported sluggish third quarter results on Monday and investors anticipate a weak fourth quarter, two sources close to the matter said.