Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers F > Headlines for Finco Utilitas BV > News item |
S&P assigns B to Infragroup, loan
S&P said it assigned B ratings to Infragroup Bidco Sarl, its financing subsidiary Finco Utilitas BV, and the €620 million term loan B. The 3 recovery rating reflects meaningful recovery (50-70%; rounded estimate: 60%) in the event of a payment default.
Infragroup was formerly PAI Aldringen Participations 3.
The ratings are unchanged from the preliminary ones assigned in September; however, the term loan was originally for €600 million.
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.