Moody’s rates AVS loans B2

Moody's Investors Service said it assigned a B2 corporate family rating and a probability of default rating of B2-PD to AVS Holding GmbH.

The agency also assigned B2 instrument ratings to the new €300 million senior secured term loan B and the €75 million senior secured revolving credit facility of AVS Group GmbH.

The outlook is stable.

The agency said the corporate family rating reflects the company's leading position in the German and Belgian traffic safety services markets, the group's integrated business model, and strong and stable margins.

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