| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers A > Headlines for Antin Amedes > News item |
S&P gives B to Antin Amedes debt
S&P said it gave its B- rating to Antin Amedes and placed the company on CreditWatch with positive implications.
At the same time, S&P assigned an issue rating of B to the company’s proposed debt with a recovery rating of 3 (50%).
The company has announced plans to issue a €420 million term loan B to refinance its existing debt.
The CreditWatch placement indicates that the rating agency could raise the issuer credit rating one notch to B if the company successfully places the proposed term loan in line with the proposed terms as this would alleviate liquidity pressures and strengthening its capital structure, S&P said in a news release.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.