E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/6/2013 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Moody's: Golden Nugget unaffected

Moody's Investors Service said the Ba3 rating on Golden Nugget Inc.'s proposed $300 million senior secured term loan, $150 million senior secured delayed draw term loan and $75 million senior secured revolver, as well as the Caa1 rating on the proposed $300 million senior unsecured notes of Golden Nugget Escrow, Inc., are unaffected by the changes to the company's proposed refinancing.

Golden Nugget's Caa3 corporate family rating and Caa3-PD probability of default rating remain on review for upgrade where they were placed on Nov. 1.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.