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Published on 6/2/2016 in the Prospect News Bank Loan Daily and Prospect News Distressed Debt Daily.

S&P puts Expert Global on positive watch

S&P said it placed the CCC+ corporate credit rating on Expert Global Solutions LLC on CreditWatch with positive implications.

The CreditWatch placement follows news that Alorica Inc. signed a definitive agreement to acquire Expert Global, S&P said.

Expert Global’s existing debt will be repaid when the transaction closes, the agency said.

The CreditWatch placement will be resolved when upon the deal’s completion, S&P said.


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