New York, March 26, 2014 -- Moody's Investors Service assigned a B3 (LGD 5, 84%) rating to Kindred Healthcare, Inc.'s proposed offering of up to $500 million of senior unsecured notes due 2022. The proceeds of the bonds, along with a new $750 million ABL revolving credit facility (not rated by Moody's) and senior secured term loan will be used to refinance the company's existing capital structure. The existing ratings of Kindred, including the B1 Corporate Family Rating and B1-PD Probability of Default Rating are unchanged. The stable rating outlook is also unchanged.

Vollständigen Artikel bei Moodys lesen