BBB Industries U.S. Holdings, Inc. -- Moody's affirms BBB Industries' B2 CFR and rates $50 million add-on term loan; outlook stable

New York, July 11, 2016 -- Moody's Investors Service ("Moody's") has affirmed BBB Industries U.S. Holdings, Inc.'s ("BBB Industries" or "BBB") B2 Corporate Family Rating (CFR) and its B2-PD Probability of Default Rating (PDR) after the company completed the amendment of its senior secured credit facility. Moody's assigned a B1 rating to the company's $50 million add-on first lien term loan and affirmed the B1 rating on its existing first lien credit facility, consisting of a $295 million first lien term loan and a $70 million revolver. Moody's also affirmed the company's $100 million second lien term loan at Caa1. The ratings outlook remains stable.

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