...+ Peer Holding B.V., parent of Netherlands-based nonfood discounter Action Holding B.V. (Action), announced that it intends to pay a 500 million shareholder dividend financed by issuing a 475 million term loan. + We believe Action's credit metrics remain commensurate with the current rating and with our assessment of the group's financial policy. + We are therefore affirming our 'B+' long-term issuer credit and issue ratings on Peer Holding and its debt. + The outlook is stable reflecting our view that Action will continue to successfully implement its expansion strategy, resulting in sales and profit growth. LONDON (S&P Global Ratings) Nov. 23, 2016--S&P Global Ratings said today that it affirmed its 'B+' long-term corporate credit rating on Peer Holding B.V., the parent of Netherlands-based discounter Action Holding B.V. (Action). The outlook is stable. At the same time, we assigned our 'B+' issue rating and '3' recovery rating to the new 475 million senior secured term loan, due in 2022....
