Moodys: Proposed capital structure change credit positive for Team Health
New York, January 12, 2017-- Moody's Investors Service commented that the change to Blackstone's proposed financing of its acquisition of Team Health Holdings, Inc. is credit positive due to modestly lower expected interest expense. The reduced interest expense will result from a shift of $150 million of previously senior unsecured debt into senior secured borrowings. Given the leverage-neutral nature of this change, there is no impact to the B2 Corporate Family Rating, B2-PD...
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