New York, August 05, 2016 -- Moody's Investors Service ("Moody's") said At Home Group Inc. ("At Home") (ultimate parent of At Home Holding III Inc., B2 Stable) completed its initial public offering that was originally announced in September 2015. It is expected that proceeds of the IPO will be used to repay indebtedness under the rated entity's $130 million second lien term loan due 2023, which would be credit positive. However, the impact to the company's B2 Corporate Family Rating and instrument ratings is uncertain at this time, pending the final use of proceeds and any resulting changes to the company's capital structure, as well as the extent to which credit metrics are likely to improve over time.
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