Fitch rates Aruba loan BB-

Fitch Ratings said it rated Aruba Investments Inc.’s planned $125 million senior secured term loan BB-/RR2.

Concurrently, the agency affirmed Aruba’s first-lien senior secured revolver and term loans at BB-/RR2, its second-lien term loan at CCC+/RR6 and long-term issuer default rating at B. Fitch also affirmed the B- IDR of Kobe US Midco 2, Inc., and the CCC/RR6 ratings on the PIK toggle notes.

The loan proceeds will, among other uses, fund a strategic acquisition.

The outlook remains stable.

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