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16.09.2016 17:12:00
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American Bath Group, LLC -- Moody's assigns B3 Corporate Family Rating to American Bath Group, LLC
New York, September 16, 2016 -- Moody's Investors Service assigned a B3 Corporate Family Rating and a B3-PD Probability of Default Rating to American Bath Group, LLC ("ABG"). Moody's also assigned a B2 rating to ABG's proposed $50 million senior secured revolving credit facility and $320 million senior secured first lien term loan, and a Caa2 rating to ABG's senior secured second lien term loan. The rating outlook is stable. This is the first time Moody's has assigned ratings to this issuer. The ratings are subject to review of final documentation.
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