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Published on 4/12/2024 in the Prospect News Bank Loan Daily.

Moody’s rates LS Group loan B2

Moody’s Ratings said it assigned a B2 rating to LS Group OpCo Acquisition LLC’s planned $1.918 billion senior secured term loan maturing in April 2031.

The agency concurrently affirmed the B2 ratings on LS Group and its outstanding senior secured first-lien term loan.

The proceeds will be used to repay $1.818 billion remaining under the current first-lien term loan due 2027 and for potential acquisitions.

The outlook remains stable.


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