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Article Date: November 2023
Word Count: 136

Moody’s Rates Varsity Brands’ New Debt


The BSN Sports and Varsity Spirit parent scored a B2 rating on its new $450 million senior secured first lien notes due Dec. 2026, while its B3 corporate family rating was maintained with a stable outlook. Varsity Brands used the proceeds to pay off its senior secured first lien term loan and senior secured first lien notes that came ... Log in to view full article.

 

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