London, 24 July 2014 -- Moody's Investors Service (Moody's) has today assigned a (P)B1 corporate family rating (CFR) to Orbotech Ltd ("Orbotech"), a manufacturer and service provider of yield enhancing and production solutions for the supply chain of the electronics industry. Moody's has also assigned a provisional (P)B1 rating to the proposed USD300 million guaranteed senior secured term loan borrowed by Orbotech Inc., which will finance the acquisition of SPTS Technologies Group Limited ("SPTS"), a UK-based company. The outlook is stable. This is the first time Moody's has assigned ratings to Orbotech. Upon confirmation of the capital structure and assignment of definitive ratings, Moody's would expect to assign a Probability of Default Rating of B1-PD.

Vollständigen Artikel bei Moodys lesen