West Aktie
WKN DE: A0YHE3 / ISIN: US9523552043
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13.11.2015 18:11:00
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West Corporation -- Moody's rates West Corp's new term loans Ba3
New York, November 13, 2015 -- Moody's Investors Service assigned a Ba3 rating to West Corporation's ("West") new $250 million of senior secured term loan facility. West's B1 Corporate Family Rating (CFR), B1-PD Probability of Default Rating, and the Ba3 and B3 ratings for its existing senior secured and senior unsecured debt, respectively, remain unchanged. Moody's also upgraded West's speculative grade liquidity rating to SGL-1, from SGL-2, reflecting West's very good liquidity. The ratings outlook is stable. The company will use net proceeds from the new term loans to refinance the $250 million of outstanding senior secured term loans.
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