New York, October 14, 2016 -- Moody's Investor's Service (Moody's) said it will withdraw Deluxe Corporation's (Deluxe) existing Ba1 corporate family, the Ba2 senior note rating, and all other existing ratings upon the repayment of the 6% senior note due 2020. Deluxe announced on October 13th 2016, that it would redeem its $200 million senior dues due 2020 on November 15th, 2016 using borrowings under its recently expanded credit facility. The 6% senior notes are the last rated debt as the company's senior credit facility is not currently rated by Moody's. Over the past several years, Deluxe has used its strong free cash flow and bank credit facilities to repay all of its issued notes.

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