Moody’s rates Alliant loan, notes B2

Moody's Investors Service said it assigned B2 ratings to a $1.25 billion senior secured term loan due in November 2027 and $1.25 billion of five-year senior secured notes due in April 2028 being issued by Alliant Holdings Intermediate, LLC, a subsidiary of Alliant Holdings, LP.

Moody's also assigned a B2 rating to the company's amended and extended senior secured revolving credit facility maturing in November 2027.

The agency affirmed the B2 senior secured rating on Oct. 14, 2021.

Alliant will use the proceeds to refinance its $2.5 billion of term loans maturing in 2025 and to pay related fees and expenses.

The outlook for Alliant is unchanged at stable.

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