Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers F > Headlines for Fleet U.S. Bidco Inc. > News item |
Moody’s rates Fleet Midco loan B2
Moody’s Investors Service said it assigned a B2 rating to a $500 million senior secured term loan and £50 million senior secured revolver borrowed by Fleet Bidco Ltd. and Fleet U.S. Bidco Inc.
Proceeds from the loan will be used to refinance bank debt and return capital to shareholders.
The agency also assigned a B2 corporate family rating and a B2-PD probability of default rating to Fleet Midco I Ltd. (Argus Media).
The outlook on all ratings is stable.
© 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.