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Published on 10/12/2021 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch rates Avantor loan BB+

Fitch Ratings said it assigned BB+/RR2 ratings to Avantor Funding, Inc.'s incremental term loan.

The ratings are consistent the BB+/RR2 ratings on Avantor Funding’s other loans.

Avantor will use the proceeds to partly finance the acquisition of Masterflex for roughly $2.9 billion cash.

The outlook is stable.


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