26.10.2016 18:49:00
|
SK SPICE S.A.R.L -- Moody's affirms B2 CFR of Archroma and B2 rating of its Secured Facilities; stable outlook
London, 26 October 2016 -- Moody's Investors Service, ("Moody's") has today affirmed the B2 corporate family rating (CFR) and B3-PD probability of default rating (PDR) of SK Spice Holding Sarl ('SK Holding'), the ultimate parent holding company of the Archroma Group ('Archroma'). Concurrently, Moody's has affirmed the B2 rating of Archroma's senior secured revolving credit facility (the 'RCF') and of its Senior Secured Term Loan facilities (an amortizing Term Loan A and a bullet Term Loan B, together the 'Term Loans'), which are borrowed by SK SPICE S.A.R.L ('SK Sarl' or the 'borrower'), an indirect fully owned subsidiary of SK Holding.