Moody's rates RevSpring CFR at B3, 1st Lien at B2 and 2nd Lien at Caa2; outlook stable
$310 million of newly rated debt. New York, November 14, 2016-- Moody's Investors Service assigned first time ratings to Empower Payments Acquisition, Inc.. The Corporate Family rating was assigned at B3, the Probability of Default rating at B3-PD, the senior secured 1st lien revolving credit facility due 2021 and term loan due 2023 at B2 and the senior secured 2nd lien term loan due 2024 at Caa2.
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:
- 130 countries
11,000 corporate issuers
21,000 public finance issuers
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.