17.02.2016 21:36:00
|
NVA Holdings, Inc. -- Moody's rates NVA Holdings's proposed incremental first lien term loan B1; B3 CFR unchanged
New York, February 17, 2016 -- Moody's Investors Service assigned a B1 (LGD 3) rating to NVA Holdings, Inc.'s ("NVA") proposed $100 million incremental senior secured first lien term loan. NVA's B3 Corporate Family Rating, B3-PD Probability of Default Rating, and B1 rating for the company's existing senior secured first lien credit facilities, including a $70 million revolver and first lien term loans, remain unchanged. Also unchanged is the Caa2 rating for NVA's $160 million senior secured second lien term loan. The rating outlook is stable.