Moody's: Emcor loan Ba1

Moody's Investors Service said it assigned a Ba1 rating to Emcor's $750 million senior secured revolving credit facility and at the same time affirmed the company's existing Ba1 corporate family and probability of default ratings.

The outlook remains stable.

Moody's said Emcor's Ba1 corporate family rating reflects the company's healthy liquidity, conservative capital structure and strong unadjusted pre-impairment credit metrics.

The rating is also supported by Emcor's competitive market position, product breadth and geographic diversification, the agency said.

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