CDRH Parent, Inc -- Moody's assigns B3 CFR to CDRH Parent, Inc. (owner of Healogics); Outlook stable

New York, June 11, 2014 -- Moody's Investors Service assigned a B3 Corporate Family Rating (CFR) and B3-PD Probability of Default Rating to CDRH Parent, Inc. ("CDRH"), the indirect parent of Healogics, Inc. ("Healogics") and co-borrower. At the same time, Moody's assigned a B1 rating to CDRH's $500 million senior secured first lien credit facilities, consisting of a $100 million revolving credit facility expiring in 2019 and a $400 million first lien term loan due 2021. Concurrently, Moody's assigned a Caa2 rating to CDRH's proposed $220 million second lien term loan due 2022. The rating outlook stable. Existing ratings for Healogics will be with withdrawn at the close of the transaction.

Vollständigen Artikel bei Moodys lesen