Moody's rates Warrior's proposed secured term loan B3, outlook stable
New York, February 22, 2017-- Moody's Investors Service, today assigned first-time ratings to Warrior Met Coal Intermediate HoldCo, LLC, including corporate family rating of B3, probability of default rating of B3-PD, and a senior secured term loan rating of B3. Warrior was formed on September 3, 2015 by certain of Walter Energy, Inc.' s lenders under the 2011 Credit Agreement, dated as of April 1, 2011 and the noteholders under the 9.50% Senior Secured Notes due 2019 in connection with...
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