11.11.2016 20:44:00
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New Trident Holdcorp, Inc. -- Moody's affirms New Trident (B3 CFR); outlook now stable
New York, November 11, 2016 -- Moody's Investors Service ("Moody's") affirmed the ratings of New Trident Holdcorp, Inc. ("TridentUSA") including the B3 Corporate Family Rating, B3-PD Probability of Default Rating, B2 senior secured first-lien rating and Caa2 senior secured second-lien rating. In addition, Moody's assigned a B2 rating to the new revolving credit facility expiring 2019. At the same time, Moody's revised TridentUSA's rating outlook to stable from negative.