New York, May 11, 2015 -- Moody's Investors Service today affirmed AP Gaming I, LLC's ("AP Gaming") B3 Corporate Family Rating and its B3-PD Probability of Default Rating. At the same time, Moody's upgraded the company's senior secured bank facility rating to B2 from B3. The bank facility consists of a $40 million senior secured revolver due 2018 (including proposed incremental $15 million) and a $403 million senior secured term loan due 2020 (including the proposed $250 million add-on). Moody's also assigned a Speculative Grade Liquidity rating of SGL-2. The rating outlook is stable. All ratings are subject to final review of documentation.
Vollständigen Artikel bei Moodys lesen