Moody’s rates Hub loan B2

Moody’s Investors Service said it assigned a B2 rating to Hub International Ltd.’s repriced $1.5 billion senior secured term loan due April 2025. Hub’s corporate family rating is B3.

When the transaction closes, Moody’s said it would withdraw the rating from Hub’s outstanding senior secured term loan maturing in April 2025.

The outlook is unchanged at stable.

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