10.01.2013 19:41:00
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ATI Holdings, Inc. -- Moody's assigns B2 CFR to ATI Holdings; Outlook stable
New York, January 10, 2013 -- Moody's Investors Service assigned B2 Corporate Family and Probability of Default ratings to ATI Holdings, Inc. ("ATI"). At the same time, Moody's assigned a Ba3 rating to ATI's proposed $335 million senior secured credit facilities, comprised of a $50 million revolver and $285 million first lien term loan. The funding also includes $160 million of senior subordinated notes (unrated) issuance. Proceeds will be used to fund the acquisition of ATI by financial sponsor KRG Capital Partners. The outlook is stable