01.03.2016 19:35:00
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ON Semiconductor Corporation -- Moody's rates ON Semiconductor -- CFR at Ba2, new credit facilities at Ba1, new senior notes at Ba3; outlook stable
New York, March 01, 2016 -- Moody's Investors Service ("Moody's") assigned ratings to the debt of the ON Semiconductor Corp. ("ON Semi")-- Corporate Family Rating ("CFR") at Ba2, new Senior Secured First Lien Credit Facilities (Revolver and Term Loan B) ("Credit Facilities") at Ba1, and new Senior Notes at Ba3. The rating outlook is stable.