Moody’s rates Aecom loans Ba1, notes Ba3

Moody's Investors Service said it assigned a provisional Ba2 corporate family rating to Aecom Technology Corp.

Concurrently, the agency assigned provisional Ba1 ratings to the company's proposed $1.05 billion senior secured credit facility, $500 million performance letter-of-credit facility, $1.3 billion term loan A and $1.8 billion term loan B, and a provisional Ba3 rating to the proposed $1.6 billion senior unsecured notes.

The outlook is stable.

The final ratings are contingent upon the closing of Aecom’s acquisition of URS Corp.

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