S&P Global assigned a preliminary B rating to Accell Group’s new holding company Sprint HoldCo B.V., which acquired the bike maker in a leveraged buyout by Kohlberg Kravis Roberts & Co. and Teslin Capital Management. The ratings agency also issued a preliminary B rating and a 3 recovery rating to Sprint’s proposed €700 million senior secured revolving credit facility. Euronext Amsterdam N.V. will delist Accell shares on Aug. 22, with Aug. 19 being the final trading day. S&P issued a stable outlook based on Accell hitting its EBITDA goals ... Log in to view full article.