Moody’s assigns B2 to RLG loans

Moody's Investors Service said it assigned a B2 rating to RLG Holdings, LLC's $35 million incremental first-lien term loan due July 2028. Moody's also gave a B2 rating to RLG's $40 million first-lien delayed-draw term loan to finance future bolt-on acquisitions.

RLG’s other ratings, including the B3 corporate family and B2 senior secured ratings, are unchanged.

The proceeds will be used to finance the recent acquisition of Pharmaceutic Litho and Label Co. and repay revolver borrowings.

The outlook is stable.

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