New York, June 08, 2016 -- Moody's Investor Service, ("Moody's") today assigned a B2 Corporate Family Rating and B2-PD Probability of Default Rating to ExamWorks Group, Inc.'s ("ExamWorks"). At the same time, Moody's assigned a B1 rating to ExamWorks' proposed $920 million senior secured credit facilities. The rating outlook is stable. The proceeds from the first lien term loan along with $340 million second lien notes (not rated) and $1,217 million of cash equity contributions will be used to fund the $2.2 billion acquisition of ExamWorks by financial sponsor Leonard Green & Partners, L.P. Following the close of the transaction, Moody's will withdraw the ratings on the company's existing $500 million senior unsecured notes. This rating action concludes the ratings review initiated on April 27, 2016.

Vollständigen Artikel bei Moodys lesen