26.03.2015 17:43:00
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SeaWorld Parks & Entertainment, Inc. -- Moody's downgrades SeaWorld's existing credit facility rating due to changes in capital structure; new term loan assigned B1 rating
New York, March 26, 2015 -- Moody's Investors Service (Moody's) downgraded SeaWorld Parks and Entertainment, Inc.'s (SeaWorld) existing revolving and term loan B-2 rating to B1 from Ba3 and assigned a B1 rating to the proposed new term loan B-3. The B1 corporate family rating (CFR) was affirmed at B1, but the probability of default rating (PDR) was downgraded to B2-PD from B1-PD. The outlook remains stable.