Ratings agencies have weighed in on AS’ debt and performance outlook following last week’s IPO, with S&P giving a BB issuer credit rating to the company, a BB rating to both its proposed $600 million senior secured term loan B and €600 million senior secured Term Loan B (both due in 2031), with a stable outlook. Moody’s, meanwhile, assigned a B1 rating to the TLBs and to an $800 million backed senior secured revolving credit facility due in ’29. The new company ... Log in to view full article.