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Prospect News home > News index > List of issuers M > Headlines for Mobilux Finance SAS > News item
Published on 6/18/2021 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch assigns Mobilux Finance notes B

Fitch Ratings said it assigned Mobilux Finance SAS' planned €500 million of senior secured notes an expected rating of B with an RR4 recovery rating.

Proceeds will be used to refinance the existing €380 million of senior secured notes and fund shareholder distributions.

Mobilux also plans to secure a new upsized revolver to €140 million from €110 million.

“Mobilux 2 SAS' B issuer rating is unchanged.


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