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Moody's assigns Ba2 to Mega notes
Moody's Investors Service said it assigned a Ba2 long-term global foreign-currency senior unsecured debt rating to Operadora de Servicios Mega, SA de CV's proposed offering of up to an added $150 million of its cross-border 144A/Reg S notes.
Mega originally issued $350 million of 8¼% notes with a Ba2 rating, due Feb. 11, 2025 on Feb. 11, 2020.
“This expansion will form a single series with and have the same terms as those of the original notes,” Moody’s said in a press release.
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