...+ Regulatory agreement for the financial sponsors' full acquisition of Nidda is still pending. + We are affirming all of our preliminary ratings on Nidda BondCo, including our 'B+' long-term corporate credit rating and our 'B-' rating on the unsecured debt. + The stable outlook reflects our view that Nidda will remain resilient and continue to display solid operating performance and generate sufficient earnings to support its expansion. PARIS (S&P Global Ratings) Nov. 24, 2017--S&P Global Ratings said today that it had affirmed its preliminary 'B+' long-term corporate credit rating on Nidda BondCo GmbH (Nidda), the parent of the group's holding company, Nidda Healthcare Holding AG (Nidda Healthcare). The outlook is stable. At the same time, we affirmed the preliminary 'B+' issue rating on the secured debt, including the 1.7 billion term loan B, the 735 million senior secured notes, and the 400 million revolving credit facility. The recovery rating on these instruments is '4', reflecting...
