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Moody's rates GTP notes
Moody's Investors Service said it assigned a definitive A2 (sf) rating to GTP Acquisition Partners I, LLC's class C and a Ba3 (sf) rating to its class F secured tower revenue notes, global tower series 2013-1.
The issuer is an indirect wholly owned subsidiary of Global Tower Holdings, LLC.
The anticipated repayment date for the 2013 notes will be in May 2018 and the final distribution date will be in May 2043.
In addition, Moody's announced that the issuance of the 2013 notes, in and of itself and at this time, will not result in a reduction, withdrawal or placement under review for possible downgrade of the ratings currently assigned to any outstanding series of notes issued by the GTP.
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