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Prospect News home > News index > List of issuers I > Headlines for IDQ Holdings, Inc. > News item |
Moody's rates IDQ notes B3
Moody's Investors Service said it assigned a B3 corporate family rating to IDQ Holdings Inc.
Concurrently, Moody's assigned a B3 rating to the company's proposed $210 million senior secured notes.
The outlook is stable.
Proceeds from the notes are expected to be use to repay existing debt and fund a $54 million dividend.
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