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Published on 6/15/2021 in the Prospect News Bank Loan Daily.

S&P rates Quantum loan B-

S&P said it assigned B- issue-level and 3 recovery ratings to Quantum Health Inc.'s planned $300 million first-lien term loan maturing December 2027, as part of a repricing transaction. The 3 recovery rating indicates an expectation of meaningful (50%-70%; rounded estimate: 50%) recovery in default.

The agency’s B- issuer credit rating on Quantum is unchanged.

The outlook is stable.


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