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Published on 2/1/2023 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch rates H.B. Fuller loan BBB-

Fitch Ratings said it assigned BBB-/RR1 long-term issue ratings to H.B. Fuller Co.'s planned $800 million senior secured term loan B. The agency also assigned BBB-/RR1 ratings to the company's new $500 million senior secured term loan and $700 million senior secured revolver.

Fitch affirmed the BBB- ratings on Fuller’s outstanding loans on Aug. 19.

Proceeds are intended to refinance senior secured debt.

The outlook is stable.


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