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12.08.2014 21:49:00
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American Dental Partners, Inc. -- Moody's rates American Dental Partners' credit facilities B2; B3 CFR affirmed; stable outlook
New York, August 12, 2014 -- Moody's Investors Service ("Moody's") assigned a B2 rating to American Dental Partners, Inc.'s ("ADPI") proposed senior secured credit facilities, including a $36 million senior secured revolving credit facility and a $205 million senior secured term loan. At the same time, Moody's affirmed ADPI's B3 Corporate Family Rating and B3-PD Probability of Default Rating. The rating outlook has been revised to stable from negative.
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