Moody's assigns B3 CFR to IPS; rating outlook stable
$420 million of rated debt affected. New York, November 10, 2016-- Moody's Investors Service assigned a B3 Corporate Family Rating to IPS Structural Adhesives Holdings, Inc., a B3-PD Probability of Default Rating, a B2 rating to the company's proposed $310 million first lien term loan and a Caa2 rating to the company's proposed $110 million second lien term loan. The rating outlook is stable.
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