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Prospect News home > News index > List of issuers N > Headlines for NorthRiver Midstream Finance LP > News item
Published on 8/2/2023 in the Prospect News Bank Loan Daily.

Moody's assigns Ba3 to NorthRiver loan

Moody's Investors Service said it assigned a Ba3 senior secured rating to NorthRiver Midstream Finance LP's planned $850 million first-lien term loan due 2030.

NorthRiver's Ba3 corporate family rating, Ba3-PD probability of default rating and Ba3 senior secured notes rating are unchanged.

The proceeds will be used to partially refinance the company's $955 million term loan due 2025.

The outlook is positive.


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