TORONTO (S&P Global Ratings) Feb. 2, 2021--S&P Global Ratings today said its ratings on Dentalcorp Health Services ULC (B-/Negative/--), including the 'B-' issue-level ratings on its first-lien debt and 'CCC' issue-level rating on its second-lien debt, are unchanged following the company's proposed term loan add-on. The recovery scores on the first-lien and second-lien debt are unchanged at '3' and '6'; these scores indicate our expectation for a meaningful recovery (50%-70%; rounded estimate: 60%) and a negligible recovery (0%-10%; rounded estimate: 0%) in the event of a payment default, respectively. The proposed transaction includes US$75 million (about C$97.5 million) of first-lien incremental term loan and US$25 million (about C$32.5 million) of incremental second-lien term loan. In addition, shareholders have committed US$70
