Moody's says Aptos' acquisition of TXT Retail is credit negative but no ratings impact
Announcement: Moody's says Aptos' acquisition of TXT Retail is credit negative but no ratings impact. Global Credit Research- 03 Aug 2017. New York, August 03, 2017-- Moody's Investors Services said that Aptos, Inc.' s B3 Corporate Family Rating, B3-PD Probability of Default Rating, debt instrument ratings and stable rating outlook remain unchanged following the company's announcement that it plans to upsize its first lien term loan by $83 million to $305.8 million.
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