Fitch rates WebPros loan BB

Fitch Ratings said it assigned WebPros Investments Sarl’s planned first-lien senior secured term loan B an expected BB senior secured rating with an RR2 recovery rating. The agency also affirmed WebPros's long-term issuer default rating at B+.

WebPros is expected to raise around $515 million to repay its outstanding term loan, also rated BB/RR2, in full and outstanding drawn amounts under its revolving credit facility as well as related transaction costs.

The outlook is stable.

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