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Moody’s assigns B3 to FGI Acquisition loans
Moody’s Investors Service said it assigned a B3 rating to FGI Acquisition Corp.’s proposed $27.5 million senior secured revolver and $200 million senior secured first-lien term loan.
FGA does business as Flexitallic.
The agency assigned a B3 corporate family rating and Caa1-PD probability of default rating to FGI.
The outlook is stable.
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