Wesco Aircraft Hardware Corp. -- Moody's affirms Wesco Aircraft's B1 CFR, outlook to positive from stable, new senior secured facilities assigned B1

New York, September 12, 2016 -- Moody's Investor's Service (Moody's) affirmed its ratings for Wesco Aircraft Hardware Corp. ("Wesco") including the company's B1 Corporate Family Rating (CFR) and its B2-PD Probability of Default rating. A B1 rating has been assigned to Wesco's new senior secured credit facilities comprised of a 5-year $200 million revolver and a 5-year $400 million Term Loan A. Wesco plans to utilize the proceeds to refinance its existing revolving and Term Loan A facilities that mature in 2017 and Moody's expects to withdraw the ratings on these facilities upon close of the transaction. The rating outlook has been changed to positive from stable.

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