Moody's says WME IMG, LLC's ratings are unchanged following announced $100 million add on term loan
New York, November 02, 2016-- Moody's says WME IMG, LLC's B2 corporate family rating is unchanged following the proposed $100 million add on term loan. Both the B1 rating on the first lien credit facility and Caa1 rating on the second lien term loan are also unchanged. The add on term loan is expected to be fungible with the existing 1st lien term loan, with the proceeds used to fund acquisitions that we expect will be slightly deleveraging.
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