03.09.2015 16:21:00
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NetInvest Limited -- Moody's assigns definitive Ba2 rating to Optimal Payments; stable outlook
London, 03 September 2015 -- Moody's Investors Service has today assigned a definitive Ba2 corporate family rating (CFR) and a probability of default rating (PDR) of Ba3-PD to Optimal Payments PLC ("Optimal Payments") following the completion of its acquisition of the the Skrill Group ("Skrill"). Concurrently, Moody's has also assigned definitive Ba2 instrument ratings with LGD3 to the company's EUR280 million Term Loan A, EUR220 million Term Loan B and USD85 million Revolving Credit Facility (RCF) issued by Netinvest Limited. The outlook on the ratings is stable.