|
Apex Group Ltd. ("The Group" or "Apex"), a global financial services provider today announces that it has secured a corporate rating from Fitch Ratings ("Fitch"), in addition to affirmed its existing corporate ratings from Moody's Investors Service ("Moody's") and SP Global Ratings ("SP Global") ahead of the planned acquisition of Sanne Group Plc.
Fitch Ratings has assigned a first-time Long-Term Issuer Default Rating (IDR) of 'B' with a Stable Outlook. Fitch has also assigned a 'B+' instrument rating to the group's proposed first-lien term loans.
Moody's has affirmed its 'B2' Corporate family rating ("CFR") and SP Global has affirmed its 'B -' Issuer Credit Rating ("ICR"). The ratings incorporate the Group's prospective acquisition of...
|