Report
EUR 162.86 For Business Accounts Only

Moody's assigns a (P)B3 rating to Mercury BondCo Plc's new senior secured notes; outlook on existing notes changed to negative

ICBPI's Ba2 CFR affirmed; outlook stable. London, 08 February 2017-- Moody's Investors Service has today assigned a provisional B3 rating to the new guaranteed EUR600 million Senior Secured PIK Fixed Rate Toggle Notes due 2021 to be issued by Mercury BondCo Plc. Moody's has also affirmed the B3 instrument rating on the outstanding EUR900 million Senior Secured Fixed Rate PIK Toggle Notes due 2021 and the EUR200 million Senior Secured Floating Rate PIK Toggle Notes due 2021...
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Moody's Investors Service
Moody's Investors Service

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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    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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