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Published on 9/20/2023 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Moody's assigns B2 to RealTruck add-on

Moody's Investors Service said it assigned a B2 rating to RealTruck Group, Inc.'s planned $180 million non-fungible incremental first-lien term loan to fund an acquisition.

All other ratings, including the B3 corporate family rating, the B3-PD probability of default rating, the existing B2 senior secured rating and the Caa2 senior unsecured rating are unaffected, the agency said.

The outlook is unchanged at negative.


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