Moody's says KAR's debt upsize does not affect its ratings
Announcement: Moody's says KAR's debt upsize does not affect its ratings. Global Credit Research- 22 May 2017. New York, May 22, 2017-- Moody's Investors Service said that KAR Auction Services, Inc.' s B1 Corporate Family Rating, the Ba2 and B3 ratings for its senior secured credit facilities and senior notes, respectively, and its stable ratings outlook are not affected by the company's plans to increase the size of its new senior secured term loans and senior notes that will increase...
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