20.07.2015 20:06:00

Swift Transportation Co., LLC -- Moody's upgrades Swift Transportation's Corporate Family Rating to Ba2; outlook stable

New York, July 20, 2015 -- Moody's Investors Service ("Moody's") upgraded the Corporate Family Rating ("CFR") and Probability of Default Rating ("PDR") of Swift Transportation Co., LLC ("Swift") to Ba2 and Ba2-PD from Ba3 and Ba3-PD, respectively. Concurrently, Moody's upgraded the rating of the company's senior secured credit facility, comprising a $485 million term loan A, a $395 million term loan B and a $450 million revolving credit facility, to Ba1 from Ba2. The rating outlook is stable.

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