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17.10.2016 23:00:00
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Ancestry.com Inc. -- Moody's says ratings and outlook of Ancestry.com unaffected by announced changes to proposed financing
New York, October 17, 2016 -- Moody's said while Ancestry.com Inc.'s (B2, stable outlook) dividend increase is a credit negative, the change in the proposed capital structure will modestly improve liquidity. The B2 corporate family rating, SGL 2, B1 first lien ratings and Caa1 second lien rating on the proposed debt, and the stable outlook, are all unaffected by the changes. The ratings on the existing debt facilities are also unchanged and will be withdrawn at closing of the refinancing, as previously planned.
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