14.07.2015 22:18:00

Ascend Learning, LLC -- Moody's says that Ascend Learning's proposed $20 million add-on 1st lien term loan has no rating impact

New York, July 14, 2015 -- Moody's Investors Service said today that Ascend Learning's proposed $20 million add-on first lien term loan has no impact on the company's ratings, including the B3 corporate family rating or stable outlook. The proposed incremental term loan also has no impact on the company's existing senior secured bank credit facilities rated B2 or the $125 million second lien term loan rated Caa2.

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