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S&P rates Focus loan BB-
S&P said it assigned a BB- issue rating to Focus Financial Partners LLC's planned $800 million first-lien term loan, including a $400 million delayed draw, that will mature in 2028.
The rating is in line with Focus’ BB- issuer rating.
Focus Financial is a subsidiary of Focus Financial Partners Inc. We anticipate that Focus will use the proceeds to fund future acquisitions and for other general corporate purposes.
The outlook is stable.
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