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Published on 7/2/2020 in the Prospect News High Yield Daily.

Moody’s assigns Algeco Global notes B2

Moody’s Investors Service said it assigned a provisional foreign-currency (P)B2 rating to the proposed €150 million of 6˝% fixed-rate backed senior secured notes, maturing Feb. 15, 2023 to be issued by Algeco Global Finance plc.

The rating is at the same level as the rating assigned to Algeco’s outstanding €650 million of 6˝% fixed-rate backed senior secured notes, Moody’s said.


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