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Moody's: OneStopPlus unchanged
Moody's Investors Service said the OneStopPlus Group's (initially Oilers Borrower Corp.) proposed $25 million first-lien term loan increase is a credit negative.
But, the company's B2 corporate family and B2-PD probability of default ratings are unaffected.
Also unaffected is the B1 rating on its senior secured first-lien term loan due 2020 with its loss-given-default rating revised to LGD 3, 41% from LGD 3, 40%.
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