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Moody’s gives B1 to UKG loans
Moody’s Investors Service said it assigned B1 ratings to UKG, Inc.’s new senior secured first-lien debt facilities. The new facilities include a $4.885 billion term loan.
The agency said it also affirmed UKG’s B2 ratings and the B1 ratings on its senior secured first-lien debt ratings and Caa1 senior secured second-lien debt.
The outlook remains negative.
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