| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers A > Headlines for Alion Science & Technology Corp. > News item |
Moody's affirms Alion
Moody's Investors Service said it affirmed Alion Science and Technology Corp.'s B1 senior secured term loan B due 2009, which is being upsized to $211 million from $143 million. Moody's also affirmed Alion's B1 $30 million revolver due 2009 and B2 corporate family rating.
The outlook is stable.
Alion boosted the size of the planned incremental increase in term loan B to $68 million from the previously contemplated $50 million. Moody's predicted that the increased borrowings will be used to fund acquisitions and new business.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.