Rating Action: Moody's assigns a B1 CFR to REEF Global Midco LLC, Proposed senior secured first lien credit facility at B1; stable outlookGlobal Credit Research - 19 Aug 2022New York, August 19, 2022 -- Moody's Investors Service ('Moody's') assigned a first-time ratings to REEF Global Midco LLC ("REEF", "the Borrower" or "the company") with a B1 Corporate Family Rating (CFR) and a Probability of Default Rating ("PDR") of B1-PD. Concurrently, Moody's assigned a B1 rating to the issuer's proposed senior secured first lien credit facility that will mature in August 2027 and comprises a: 1) US$450 million senior secured term loan; 2) one, $100 million delayed draw term loan available in two draws, and 3) a US$25 million revolving letter of credit.