Moody’s gives Filtration loans B3

Moody’s Investors Service said it gave a B3 rating to Filtration Group Corp.’s recently launched secured term loans with tranches in dollars and euros.

The loans are part of an amendment that will extend the outstanding first-lien term loans due in 2025. The B3 rating on Filtration Group's outstanding debt facilities remains unchanged.

Moody's will withdraw the B3 rating on the 2025 term loans upon transaction close. Moody's also said Filtration Group's B3 corporate family rating and B3-PD probability of default are currently unchanged.

The outlook is stable.

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