Moody's Lifts Core & Main Term Loan Rating, Assigns Ba2 to Proposed 2033 Facility
Moody's Investors Service upgraded Core & Main LP's senior secured term loan ratings to Ba2 from Ba3 and assigned a Ba2 rating to a proposed $800 million senior secured term loan B due 2033. The agency affirmed the company's Ba2 corporate family rating and Ba2-PD probability of default rating, moved the outlook to positive from stable, and cited st…