12.11.2015 20:44:00
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Dometic Group AB -- Moody's places Dometic's B3 CFR on review for upgrade following definitive IPO filing
London, 12 November 2015 -- Moody's Investors Service (Moody's) has today placed the B3 corporate facility rating (CFR) and the B3-PD probability of default rating (PDR) of Dometic Group AB (Dometic) on review for upgrade after Dometic filed for an initial public offering (IPO) on Nasdaq Stockholm. The Caa2 rating of the outstanding SEK2,662 million equivalent PIK Toggle Notes remains unchanged on the expectation that these notes will be repaid from the IPO proceeds.