Inmar Inc. Debt Ratings Affirmed On Incremental First-Lien Term Loan And Health Care And Retail Segment Expansion - S&P Global Ratings’ Credit Research

Inmar Inc. Debt Ratings Affirmed On Incremental First-Lien Term Loan And Health Care And Retail Segment Expansion

Inmar Inc. Debt Ratings Affirmed On Incremental First-Lien Term Loan And Health Care And Retail Segment Expansion - S&P Global Ratings’ Credit Research
Inmar Inc. Debt Ratings Affirmed On Incremental First-Lien Term Loan And Health Care And Retail Segment Expansion
Published Sep 29, 2021
4 pages (1645 words) — Published Sep 29, 2021
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Abstract:

NEW YORK (S&P Global Ratings) Sept. 29, 2021--S&P Global Ratings said today it affirmed its issue-level ratings on Winston-Salem, N.C.-based technology-enabled solutions provider Inmar Inc.'s (B-/Stable/--) debt following the announcement of the company's new $150 million incremental first-lien term loan. We expect the incremental term loan to be fungible with the company's existing $963 million outstanding first-lien credit facility due May 2024. Inmar plans to use the proceeds to fund tuck-in acquisitions of two companies that expand its digital marketing and health care returns capabilities. The company expects both acquisitions to close following the funding of the incremental term loan. We expect Inmar to receive long-term benefits from these acquisitions in terms of pro forma scale and cross-selling opportunities, reflecting

  
Brief Excerpt:

...Inmar Inc. Debt Ratings Affirmed On Incremental First-Lien Term Loan And Health Care And Retail Segment Expansion...

  
Report Type:

Ratings Action

Ticker
926474Z
Issuer
GICS
Application Software (45103010)
Sector
Global Issuers
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Inmar Inc. Debt Ratings Affirmed On Incremental First-Lien Term Loan And Health Care And Retail Segment Expansion" Sep 29, 2021. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Inmar-Inc-Debt-Ratings-Affirmed-On-Incremental-First-Lien-Term-Loan-And-Health-Care-And-Retail-Segment-Expansion-2729294>
  
APA:
S&P Global Ratings’ Credit Research. (). Inmar Inc. Debt Ratings Affirmed On Incremental First-Lien Term Loan And Health Care And Retail Segment Expansion Sep 29, 2021. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Inmar-Inc-Debt-Ratings-Affirmed-On-Incremental-First-Lien-Term-Loan-And-Health-Care-And-Retail-Segment-Expansion-2729294>
  
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