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Moody's says Inmar's recent incremental debt issuance is credit negative, but no ratings impact

New York, November 10, 2016-- Moody's Investors Service says Inmar, Inc.' s B2 Corporate Family Rating, B2-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 $125 million. The company is also proposing a $10 million commitment increase and maturity extension for its existing $50 million revolver, which is currently set to expire in January...
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Moody's Investors Service
Moody's Investors Service

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:

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    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.



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