Moody's affirms Action's ratings and assigns B1 rating to additional term loan; outlook stable
London, 22 November 2016-- Moody's Investors Service, has today assigned a B1 rating to a EUR475 million new senior secured term loan B tranche maturing in 2022 proposed under the credit facilities agreement of the Dutch non-food discount retailer Peer Holding B.V.. Concurrently, Moody's affirmed the B1 corporate family rating, the B1 ratings on existing senior secured bank debt and the B1-PD probability of default rating. The outlook on the ratings is stable.
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
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