...+ U.S.-based security guard service provider USAGM Topco LLC, operating as Universal Services of America Inc. (Universal), is planning raise new-loan facilities to finance Warburg Pincus LLC's acquisition of Universal, Guardsmark LLC, and several tuck-in acquisitions subsequent to the initial closing. + We are assigning our 'B' corporate credit rating to USAGM Topco, and assigning our 'B' issue-level assessment to the proposed first-lien credit facilities, including a $130 million revolving facility, $710 million term loan, and $50 million delayed-draw term loan; and our '###+' issue-level rating to the proposed second-lien facilities, including a $300 million term loan and $20 million delayed-draw term loan. + The stable outlook reflects our expectations that operating performance will remain stable over the next year as the company maintains good service levels and client retention while integrating planned acquisitions. In addition, we expect credit metrics to remain steady at year-end...
