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Published on 6/27/2023 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Moody’s rates Freedom Mortgage notes B2

Moody’s Investors Service said it assigned B2 ratings to Freedom Mortgage Corp.’s planned senior unsecured notes due 2026 and 2027.

The agency also affirmed Freedom’s B1 corporate family rating and B2 senior unsecured ratings.

Freedom plans to use the notes due 2026 and 2027 for the new notes, which will have the same terms and conditions. Eventually, the notes will become the obligations of a new holding company, Freedom Mortgage Holdings LLC.

The outlook is stable.


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