Moody's assigns Equipower loans Ba3 and B2

Moody's Investors Service said it assigned Ba3 and B2 ratings to Equipower Resources Holdings, LLC's proposed $975 million in first and second lien credit facilities.

According to Moody's, the $775 million in senior secured 1st lien credit facilities are expected to consist of a $685 million six-and-a-half-year term loan and a $90 million five-year senior secured working capital facility. The seven-year second lien term loan totals $200 million.

The outlook is stable.

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