27.06.2016 22:57:00
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CDS U.S. Intermediate Holdings, Inc. -- Moody's affirms CDS U.S. Intermediate Holdings, Inc.'s Ratings (B2 CFR)
New York, June 27, 2016 -- Moody's Investors Service affirmed CDS U.S. Intermediate Holdings, Inc. (doing business as Cirque du Soleil) B2 Corporate Family Rating (CFR) and B2-PD Probability of Default Rating (PDR). Concurrently, Moody's affirmed a B1 rating on the first-lien credit facilities, consisting of a $635 million senior secured term loan and $120 million senior secured revolving credit facility (RCF), and Caa1 rating of the $150 million second-lien senior secured term loan. The rating outlook is stable.