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Fitch rates Miter loan, notes BB+
Fitch Ratings said it assigned BB+/RR2 ratings to MIWD Holdco II LLC's (Miter) planned issuances of senior secured term loan and senior secured notes.
Fitch said it also affirmed the BB- issuer default ratings for Miter and MIWD Holding Co. LLC and the BB+/RR2 ratings on the company's existing senior secured term loan and BB-/RR4 rating on its senior unsecured notes.
Miter will use the proceeds to help fund its purchase of PGT Innovations, Inc.
The outlook is stable.
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