Moody's assigns a Ba2 rating to Innophos' new revolver
Approximately $450 million of rated debt affected. New York, December 22, 2016-- Moody's Investors Service assigned a Ba2 rating to the new $450 million senior secured revolving credit facility of Innophos Holdings, Inc. Moody's also affirmed the company's Ba2 corporate family rating, Ba3-PD probability of default rating, and SGL-2 speculative grade liquidity rating. Proceeds from the new revolver will be used to refinance borrowings under the existing $225 million senior...
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