Category: Credit Ratings

Fitch Rates Toys ‘R’ Us New Term Loan, Says Outlook Stable

Fitch Ratings has assigned a rating of B-/RR5 to the $300 million term loan due 2018 issued at Toys ‘R’ Us – Delaware. The $300 million term loan is secured by a first lien on intellectual property rights and a second lien on accounts receivable and inventory of Toys-Delaware and its domestic subsidiaries.