Moody’s rates Atnah loan B2

Moody’s Investors Service said it assigned a B2 rating to Antigua Bidco Ltd.’s (Atnahs) proposed £325 million equivalent senior secured first-lien term loan B and pari passu ranking €75 million revolving credit facility.

Proceeds from the loan will be used the Atnahs’ acquisition by financial sponsor Triton.

The agency also assigned a B2 corporate family rating and a B2-PD probability of default rating to Atnahs.

The outlook is stable.

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