Moody's assigns B1 to Nielsen's proposed senior notes, affirms Ba3 CFR; outlook revised to stable
Approximately $500 million of new debt rated. New York, January 25, 2017-- Moody's Investors Service has assigned a B1 rating to the proposed $500 million senior unsecured notes to be issued by The Nielsen Company S. Ã . r.l., an indirect subsidiary of Nielsen Holdings plc. Proceeds are expected to be used for general corporate purposes, including to partially fund the $560 million purchase price for the acquisition of Gracenote from Tribune Media Company.
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