Fitch gives BB to Windstream add-on

Fitch Ratings said it assigned BB/RR1 ratings to Windstream Services LLC's (WIN) $250 million super senior incremental term loan due February 2027.

The agency rates WIN’s outstanding senior secured debt BB/RR1.

Additionally, the company extended the maturity of $475 million of its $500 million super senior secured revolver to 2027 from 2024. The amended revolver will have $500 million of capacity through September 2024, and $475 million through January 2027.

The loan will be used to pay down the issuer’s revolver balance of about $115 million as of Sept. 30.

The outlook is stable.

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