Moody's assigns B3 to Ammega loans

Moody's Investors Service said it assigned B3 instrument ratings to Ammega Group BV’s €980 million guaranteed senior secured first-lien term loan B due 2028 and €205 million guaranteed senior secured first-lien revolving credit facility due 2028.

The agency also affirmed Ammega's B3 long-term corporate family rating and its B3-PD probability of default rating.

Ammega is amending and extending the maturities on its guaranteed senior secured first-lien term loan B, the guaranteed senior secured first-lien revolver and the guaranteed senior secured second-lien facility to 2028, 2028 and 2029 respectively.

The outlook remains stable.

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