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Fitch rates Waystar loan BB-
Fitch Ratings said it assigned BB-/RR2 (71%) ratings to Waystar Technologies Inc.’s new first-lien term loan.
The agency also affirmed Waystar’s B issuer and BB-/RR2 ratings on its outstanding senior secured loans.
Waystar will use the loan to refinance its $1.7 billion first-lien and $448 million outstanding second-lien term loan in full and extend the maturity of the first-lien term loan to 2029.
The outlook is positive.
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