07.06.2016 22:47:00
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AVSC Holding Corp. -- Moody's says AVSC's IPO Launch is Credit Positive; Ratings Unaffected
New York, June 07, 2016 -- Moody's Investors Service ("Moody's") said today that AVSC Holding Corp.'s ("AVSC") planned IPO is credit positive because the company intends to repay debt with the net proceeds. The impact on the company's B2 Corporate Family Rating, instrument ratings and ratings outlook is uncertain at this time as it will depend on the final issuance amount, which will determine AVSC's capital structure and credit metrics.