Sydney, April 30, 2014 -- Moody's Investors Service has today assigned a provisional (P)Ba3 Corporate Family Rating (CFR) to Nextgen Networks Group Pty Limited (Nextgen). At the same time, Moody's has assigned a provisional Senior Secured rating of (P)Ba3 to i) a USD Term Loan Facility (equivalent to around AUD 400 million) and ii) a provisional (P)Ba3 rating to a USD Senior Secured Revolving Credit Facility (equivalent to around AUD75 million) both to be entered into by Nextgen Networks Pty Limited and U.S Co-Borrower. The facilities will be guaranteed by Nextgen and each of Nextgen's material wholly-owned subsidiaries.
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