NEW YORK — Moody's Investor Service here said Monday it has assigned a first-time corporate family rating of B2 to 99 Cents Only Stores, with a stable outlook. It also assigned a B2 rating to the company's proposed $525 million senior secured term loan and Caa1 rating to its proposed $250 million senior unsecured notes. Proceeds from both issues are slated to be used to finance the $1.6 billion acquisition of the company by affiliates of Area Management, Los Angeles, a ...
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