Moody's assigns Ba1 to Axalta's amended term loan
New York, December 02, 2016-- Moody's Investors Service, assigns Ba1 ratings to the senior secured first lien term loans of Axalta's wholly owned subsidiaries-- Axalta Coating Systems Dutch Holding B B.V., and the co-borrower, Axalta Coating Systems U.S. Holdings Inc. This rating action reflects the pending amendment to the existing credit agreement whereby by the exisiting U.S Dollar and Euro term loans will be re-priced, have their maturities extended to 2023, as well as other...
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