Moody’s rates Webhelp loans B2

Moody's Investors Service said it assigned a B2 rating to Webhelp’s €1.16 billion senior secured term loan due 2026 and to the company’s €210 million senior secured revolver due 2026.

Proceeds will be used to fund the acquisition of a majority stake by Groupe Bruxelles Lambert, its founders and management team.

The agency assigned a corporate family rating to Webhelp of B2 with a probably of default rating of B2-PD.

The outlook is stable based on the company maintaining its current operating performance, Moody’s said.

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