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Published on 4/19/2017 in the Prospect News High Yield Daily.

Moody’s gives B1 CFR to Amigo Loans

Moody's Investors Service said it assigned a B1 corporate family rating to Amigo Loans Group Ltd.

At the same time, the agency withdrew the B1 corporate family rating assigned in January to Amigo Holdings Ltd.

The £275 million long-term senior secured bond issued by Amigo Luxembourg S.A. is not affected by this action.

Moody's said the actions reflect that the expected Amigo group restructuring completed on March 13. Given the successful completion, the agency noted that the corporate family rating of Amigo Loans Group Ltd. remains in line with the ratings previously assigned to Amigo Holdings Ltd., which was assigned in January 2017.


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