Moody's assigns Caa2 to Neiman's proposed senior secured term loan; second lien and third lien notes are both rated Ca
Rating Action: Moody's assigns Caa2 to Neiman's proposed senior secured term loan; second lien and third lien notes are both rated Ca. Global Credit Research- 20 May 2019. New York, May 20, 2019-- Moody's Investors Service today assigned a Caa2 rating to Neiman Marcus Group LTD LLC's proposed senior secured term loan and a Ca to its second lien notes and Ca to its third lien notes, which are to be issued to complete its distressed exchange.
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