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Published on 10/31/2022 in the Prospect News Bank Loan Daily.

Moody's assigns B2 to Anticimex loan

Moody's Investors Service said it gave a B2 rating to Anticimex Global AB's new $200 million senior secured first-lien term loan B5 add-on due 2028.

The company's B3 corporate family rating, B3-PD probability of default rating and B2 instrument ratings remain unchanged, the agency said.

The proceeds will be used to repay the outstanding SEK 1.05 billion senior secured revolving credit facility, pay for transaction-related fees and finance future acquisitions.

The outlook is stable.


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