Moody's rates Oilers Borrower loan B1

Moody's Investors Service said it assigned a B2 corporate family rating to Oilers Borrower Corp., a subsidiary of Oilers Acquisition Holdings Corp., a special purpose holding company formed to acquire OneStopPlus Group.

Moody's also assigned a B1 rating to the company's proposed $280 million senior secured term loan.

The outlook is stable.

Moody's said the company's rating is supported by favorable demographic trends due the increasing number of overweight and obese people in the U.S., the breadth of its product offering relative to many competitors and the solid growth trends in online retail spending.

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