29.09.2015 21:20:00

Stonegate Pub Company Limited -- Moody's affirms Stonegate's ratings following TCG acquisition announcement; CFR at B2

London, 29 September 2015 -- Moody's Investors Service has today affirmed B2 corporate family rating (CFR) and a B2-PD probability of default rating (PDR) of Stonegate Pub Company Limited, the largest privately held managed pub company in the UK. Moody's also affirmed B2 senior secured ratings and loss given default (LGD) assessment of LGD4 of the GBP340 million senior secured fixed rate notes due 2019 and GBP140 million senior secured floating rate notes due 2019 of Stonegate Pub Company Financing plc. The outlook for all ratings is stable.

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