Moody’s assigns B1, Caa1 to Guidehouse loans

Moody’s Investors Service said it assigned a B1 rating to Guidehouse LLP’s first-lien bank facility increase and a Caa1 to the second-lien facility increase.

The combined $840 million proceeds of the expanded first- and second-lien term loans as well as $315 million of new equity will be used to fund the acquisition of Navigant Consulting, Inc.

The agency affirmed the company’s B2 ratings.

The outlook is unchanged at stable.

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