29.05.2014 18:34:00
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Swift Transportation Co., LLC -- Moody's assigns Ba2 rating to Swift's amended senior secured credit facility; affirms Ba3 Corporate Family Rating
New York, May 29, 2014 -- Moody's Investors Service ("Moody's") has affirmed the Ba3 Corporate Family Rating ("CFR") for Swift Transportation Co., LLC ("Swift") and assigned a Ba2 rating to Swift's amended senior secured credit facility. The amended facility comprises a $450 million term loan A, a $450 million term loan B and a $450 million revolving credit facility. Moody's has also affirmed the B1 rating of the company's senior secured second lien notes due 2018. The ratings outlook is stable.