Moody's gives Aguila 3 notes B2

Moody's Investors Service said it assigned a B2 rating to $390 million new senior secured notes due 2018 to be issued by Aguila 3 SA, the parent company of Swissport group.

Concurrently, Moody's affirmed the corporate family rating of B2 and probability of default rating of B2-PD, as well as the B2 rating on existing notes due 2018.

The outlook remains negative.

The additional notes will have the same terms as the existing notes and, in their final form, will constitute a single class of debt securities with the existing notes under the indenture. The B2 rating assigned to the new senior secured notes is at the same level as the company's corporate family rating and existing senior secured notes, reflecting their pari passu status, Moody's said.

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