Fitch rates EA Partners II notes B-

Fitch Ratings said it assigned EA Partners II BV's proposed notes an expected senior secured rating of B-(EXP) with a stable outlook. The recovery rating is RR4.

EA Partners II will on-lend the proceeds to respective. These notes are secured over assets that represent senior unsecured claims to the respective obligors.

Fitch said the rating reflects its view of the credit profiles of the obligors and is constrained at B-(EXP) by the obligors of the weakest credit quality.

EA Partners II is a private company with limited liability established solely for the purpose of this transaction, and whose sole shareholder is a foundation.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.