07.05.2014 21:19:00
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Nassa Finco AS -- Moody's assigns B2 CFR to Nets; outlook stable
London, 07 May 2014 -- Moody's Investors Service has today assigned a B2 corporate family rating (CFR) and B2-PD probability of default rating (PDR) to Nassa Finco AS (Nets or the company). Concurrently, Moody's has assigned a (P)B2 rating to the DKK2,240 million equivalent Term Loan B (denominated in NOK), DKK6,789 million equivalent Term Loan B (denominated in EUR), DKK1,492 million equivalent Revolving Credit Facility (RCF), and DKK560 million equivalent Cash Bridge Facility to be raised by Nassa Midco AS, a subsidiary of Nets. The outlook on the ratings is stable.