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09.02.2017 19:10:00

H.B. Fuller Company -- Moody's Assigns Baa3 to H.B Fuller's Inaugural Bond Issue

New York, February 09, 2017 -- Moody's Investors Service ("Moody's") assigned a Baa3 rating to the new $300 million senior unsecured note issuance by H.B. Fuller Company ("Fuller"). Proceeds of the issuance will be used to partially repay Fuller's existing term loans and to reduce outstandings under the company's revolver, which was recently drawn to finance the acquisition of Wisdom Worldwide Adhesives for $122 million. Moody's also assigned a (P)Baa3 rating to the company's new shelf registration. The outlook on the ratings is stable.

Vollständigen Artikel bei Moodys lesen