31.05.2016 19:57:00
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AdvancePierre Foods, Inc. -- Moody's says AdvancePierre's ratings unaffected by upsizing first lien term loan offering to $1.3 billion
New York, May 31, 2016 -- Moody's Investors Service said that AdvancePierre Foods, Inc.'s ("AdvancePierre" or "APF") upsizing of the company's newly proposed first lien term loan due 2023 to $1.3 billion from $1.1 billion does not impact the company's B2 Corporate Family Rating ("CFR"), the assignment of a B2 (LGD4) rating to the newly proposed first lien term loan, or the stable outlook.