Moody's rates Isola B3, loan B1

Moody's Investors Service said it assigned to Isola USA Corp. first-time corporate family and probability of default ratings of B3, with a stable outlook.

Concurrently, Moody's said it assigned a B1 rating to Isola USA's proposed $225 million senior secured first-lien term loan due 2015.

The loan will benefit from full guarantees from Isola USA's ultimate parent, Isola Group, Sarl, and various second, third and fourth-tier holding company parent subsidiaries, as well as Isola USA's domestic operating subsidiaries, the agency said.

The outlook is stable.

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