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Moody’s gives Work Zone B2
Moody’s Investors Service said it assigned B2 corporate family and B2-PD probability of default ratings to Ramudden HoldCo AB (Work Zone Safety Group), the new holding company for AVS Group GmbH.
The agency withdrew its B2 ratings for AVS and affirmed the B2 ratings on the group’s €785 million backed senior secured term loan B2 and €140 million backed senior secured revolving credit facility, both maturing in 2026.
The outlook remains stable.
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