Quikrete's B1 ratings not affected by debt structure change
Approximately $2.6 billion of rated debt. New York, December 06, 2016-- Moody's Investors Service said the B1 rating assigned to Quikrete Holdings, Inc.' s senior secured term loan due 2023 is not affected following the company's decision to upsize this facility to $2.6 billion, and not issue the originally proposed $200 million second lien senior secured term loan due 2024, whose rating has been withdrawn. Quikrete's B1 Corporate Family Rating and B1-PD Probability of Default...
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