(ADPnews) - Nov 22, 2010 - Moody's said Friday it had put US consulting firm Booz Allen Hamilton Inc's B1 corporate family rating (CFR), among other ratings, on upgrade review reflecting the parent company's initial public stock offering and expected debt reduction which should follow.
Apart from the CFR, the move affected also the firm's B1 probability of default rating and the B3 (LGD5, 82%) rating on its USD 550 million (EUR 400.1m) senior unsecured mezzanine term loan due July 2016.
Moody' cited expectations to lift the corporate family rating to Ba3 from B1, the senior unsecured debt rating to B2 from B3 and affirm all other instrument ratings upon the awaited …
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