Hovnanian Enterprises Announces Credit Rating Upgrade From Moody's Ratings

ABOUT HOVNANIAN ENTERPRISES, INC.: FORWARD-LOOKING STATEMENTS "We are thrilled to get a ratings upgrade from Moody's, which follows an upgrade we received from S&P Ratings just two weeks ago," stated Brad G. O'Connor, Chief Financial Officer and Treasurer. "The combination of these upgrades by both rating agencies serves as validation of our accomplishments in paying down our debt and repairing our balance sheet over the past several years. We remain committed to further enhancing our balance sheet and impr ...