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Moody's assigns Neiman notes Caa2
Moody's Investors Service said it assigned a Caa2 to NMG Holding Co., Inc.'s (Neiman) new senior secured note offering.
Moody’s assigned Caa2 senior secured ratings to Neiman on Sept. 28.
The proceeds are expected to be used to repay Neiman's $125 million FILO term loan and repay Neiman's senior secured term loan and floating-rate secured notes.
The outlook is stable.
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