30.01.2015 19:49:00
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Burger King Corporation -- Moody's affirms B2 CFR of 1011778 B.C., owner of Burger King and Tim Horton's
New York, January 30, 2015 -- Moody's Investors Service today assigned a definitive B1 rating to 1011778 B.C. Unlimited Liability Company's (1011778 B.C.) $500 million guaranteed senior secured 1st lien revolving credit facility and $6.75 billion guaranteed senior secured 1st lien term loan and a definitive Caa1 rating to the company's $2.25 billion guaranteed senior secured 2nd lien notes. In addition, Moody's affirmed 1011778 B.C.'s B2 Corporate Family Rating (CFR), B2-PD Probability of Default Rating (PDR) and SGL-1 Speculative Grade Liquidity rating. Moreover, Moody's withdrew all ratings of Burger King Capital Holdings, LLC (BKCH) and Burger King Corporation (BKC). The outlook is stable.