Moody’s gives B2 to Freshworld loans

Moody’s Investors Service said it assigned a B2 rating to a proposed €475 million senior secured term loan B as well as the €105 million senior secured revolver due 2026, both issued by Freshworld Holding IV GmbH, a subsidiary of Freshworld Holding III.

The agency assigned a B2 corporate family rating and a B2-PD probability of default rating to Freshworld Holding III GmbH, the holding company for ADCO Umweltdienste Holding GmbH (ADCO).

The outlook is stable.

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