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Fitch Rates Orbital ATK's Proposed Unsecured Notes 'BB+EXP/RR4'

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a rating of 'BB+EXP/RR4' to Orbital ATK Inc.'s (OA) proposed senior unsecured notes. OA plans to issue $400 million of senior unsecured notes due 2023 that will rank equally with the company's existing unsecured notes. Additionally, the company plans to enter into $1.8 billion of new senior secured credit facilities concurrent with the offering of the notes. The new credit facilities will consist of an $800 million term loan facility and a $

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