04.11.2016 17:29:00
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ServiceMaster Company, LLC (The) -- Moody's says ServiceMaster ratings unchanged after refinancing changes
New York, November 04, 2016 -- Moody's Investors Service ("Moody's") said The ServiceMaster Company LLC's ("ServiceMaster") ratings, including the Ba3 Corporate Family, Ba2 senior secured, B1 senior unsecured, B2 senior unsecured (legacy) and SGL-1 liquidity ratings are unchanged following the company's announcement that it plans to increase the size of its proposed senior secured term loan due 2023, reduce the size of the proposed senior unsecured notes due 2024 and add less debt to its balance sheet.