Ratings Agencies Score Authentic Brands’ Term Loan
ABG Intermediate Holdings received a BB- issue level rating from S&P Global on its proposed $4.2 billion term loan B due 2033, while Moody’s rated the new debt Ba3. Proceeds will be used to repay the company’s existing $3.7 billion term loan due 2028, with the remaining $500 million will pay down revolver ... Log in to view full article.
