Moody's assigns Owens & Minor bonds B2

Moody's Investors Service said it assigned a B2 rating to Owens & Minor, Inc.'s expected $500 million of senior unsecured notes due 2030.

There are no changes to Owens & Minor other ratings, including the Ba3 senior secured and B2 senior unsecured ratings.

The proceeds will be used in conjunction with borrowings under a $1.2 billion senior secured first-lien term loan to fund the pending acquisition of Apria, Inc., which is expected to close by the end of June.

The outlook remains stable.

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