Moody's says Affinion's debt exchange is modest credit positive, but does not affect credit ratings
Announcement: Moody's says Affinion's debt exchange is modest credit positive, but does not affect credit ratings. Global Credit Research- 05 Apr 2017. New York, April 05, 2017-- Moody's Investors Service said Affinion Group Holdings, Inc.' s plans to exchange several of its outstanding unsecured notes for new series of notes and warrants will be credit positive for its liquidity because it will extend maturities and provide the company an option to pay interest on the new notes in...
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