Moody's Ratings (Moody's) assigned a B3 Corporate Family Rating (CFR) and a B3-PD Probability Default Rating (PDR) to Dawn Bidco, LLC (Dawn, the company, dba Dayforce) following the proposed issuance of new debt to fund the acquisition of Dayforce, Inc. by private equity firm Thoma Bravo. We also as...
Moody's Ratings (Moody's) has placed Dayforce, Inc.'s (Dayforce or the company) ratings on review for downgrade, including its B1 corporate family rating (CFR), B1-PD probability of default rating (PDR) and Dayforce, Inc.'s Ba2 instrument ratings on the $650 million senior secured term loan and $350...
Moody's Ratings (Moody's) upgraded Dayforce, Inc.'s ("Dayforce" or "the company") corporate family rating ("CFR") to B1 and its probability of default rating to B1-PD from B2 and B2-PD respectively. Concurrently, we also upgraded the company's $650 million senior secured term loan B and $350 million...
Moody's Investors Service ("Moody's") assigned a Ba3 rating to the proposed senior secured $650 million term loan and $350 million senior secured revolver (upsized and extended) issued by Dayforce, Inc. ("Dayforce"). As part of the rating action, Moody's also affirmed Dayforce's B2 corporate family ...
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