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16.03.2016 17:26:00
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ON Semiconductor Corporation -- ON Semiconductor's Ba1 Senior Secured rating is unchanged following upsizing; outlook stable
New York, March 16, 2016 -- Moody's Investors Service ("Moody's") reports that ON Semiconductor Corp.'s ("ON Semi") ratings -- Ba2 Corporate Family Rating ("CFR"), Ba1 Senior Secured First Lien Credit Facilities (Revolver and Term Loan B) ("Credit Facilities") rating, SGL-2 liquidity rating -- are unchanged following ON Semi's announced upsizing of the Credit Facilities. Moody's has withdrawn the previously-assigned Ba3 rating of the planned Senior Notes, since this debt was not issued. ON Semi's stable outlook is also unchanged.
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