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Prospect News home > News index > List of issuers H > Headlines for Helios Software Holdings, Inc. > News item |
Moody’s gives Helios notes B2
Moody’s Investors Service said it assigned a B2 rating to Helios Software Holdings, Inc.’s planned $350 million of first-lien senior secured notes.
Concurrently, the agency affirmed Helios’ B2 corporate family and B2-PD probability of default ratings.
The proceeds will mostly be used to repay a similar amount of the company's term loan debt in a debt-largely leverage neutral transaction.
The outlook remains stable.
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