TEXT-S&P rates NFIL Holdings Corp. 'B+'; Outlook Stable

Newswire

(The following statement was released by the ratings agency) NEW YORK, Feb 19 - Standard and Poor's Ratings Services today said it assigned a 'B+' long-term corporate credit rating to transit bus manufacturer NFIL Holdings Corp. (New Flyer). At the same time, Standard & Poor's assigned its 'B+' rating to New Flyer's proposed US$145 million six-year senior secured term loan B, its US$40 million five-year senior secured revolving credit facility, and its US$55 million synthetic letter of ...

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