S&P rates Wella parent, loans B

S&P said it finalized its preliminary B ratings on Wella Group parent Rainbow UK Midco 2 Ltd. and its senior secured $1.95 billion term loan B due 2029 and $330 million revolver due 2028.

The agency originally assigned the B ratings last month to the company’s planned $1.8 billion term loan and $300 million revolver.

The outlook remains stable.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.