10.03.2015 21:04:00
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Candy Intermediate Holdings, Inc. -- Moody's says Ferrara Candy's proposed $40 million Add-on to First Lien Term Loan is a Moderate Credit Negative; Ratings Unaffected
New York, March 10, 2015 -- Moody's Investors Service says that Candy Intermediate Holdings, Inc.'s (d.b.a. Ferrara Candy Co.) proposed $40 million add-on to its $425 million principal first lien term loan (to $465 million principal) is a moderate credit negative, but it does not impact the company's B3 Corporate Family Rating (CFR) or stable rating outlook.