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Fitch cuts SK Invictus loans
Fitch Ratings said it cut SK Invictus Intermediate II SARL's first-lien senior secured revolving credit facility and first-lien senior secured term loan to BB/RR2 from BB+/RR1 and downgraded Intermediate II's second-lien secured term loan to B-/RR6 from B/RR5. The outlook is negative.
Fitch affirmed the B+ rating for the company and its parent SK Invictus Intermediate SARL (Perimeter Solutions) at B+.
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