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Moody's rates Marlin bond B2
Moody's Investors Service said it assigned a B2 corporate family rating to Marlin Financial Intermediate II Ltd., a company purchasing past due consumer debt.
The agency also assigned a B2 rating to the £150 million long-term senior secured bond issued by Marlin Intermediate Holdings plc.
The outlook is stable.
The ratings on Marlin confirm the provisional ratings assigned on July 17. The final terms and conditions of the senior secured bond issuance, which was fully placed as at July 25, are in line with the draft documentation reviewed for the provisional B2 rating assigned on July 7.
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