• Financial sponsor Atairos Group Inc. has announced plans to acquire substantial ownership in bowling center operator Bowlmor AMF Corp. (Bowlmor) from current controlling owner Cerberus Capital Management L.P. • We are placing our corporate credit rating on Bolwmor on CreditWatch with negative implications because the financial terms of the transaction have not yet been disclosed, various components of the pro forma capital structure are uncertain, and our measure of adjusted leverage could increase compared to current our base case forecast. • We plan to resolve the CreditWatch listing in the coming weeks once financial terms are available and we have assessed the impact of the prospective capital structure and the sponsor's financial policy on forecasted credit measures. On June
