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12.05.2016 21:08:00
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WP CPP Holdings, LLC -- Moody's changes outlook on WP CPP Holdings, LLC to negative; confirms B2 corporate family rating
New York, May 12, 2016 -- Moody's Investors Service has confirmed the ratings, including the B2 Corporate Family Rating (CFR) and the B2-PD Probability of Default rating of WP CPP Holdings, LLC ("CPP"). Concurrently, Moody's confirmed the B1 rating on the company's senior secured first lien revolver due 2017, the B1 rating on the senior secured first lien term loan due 2019, and the Caa1 rating on the senior secured second lien term loan due 2021. This concludes the review for downgrade that began on March 21, 2016.
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