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17.06.2016 18:33:00
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Doubleplay I Ltd -- Moody's Assigns B1 CFR to Exterion Media
London, 17 June 2016 -- Moody's Investors Service ("Moody's") has today assigned a B1 corporate family rating (CFR) and a B2-PD probability of default rating (PDR) to Doubleplay I Ltd ("Exterion Media"). Concurrently, Moody's has assigned provisional instrument ratings of (P)B1(LGD3) to the proposed senior secured GBP180 million Term Loan B (TLB) due June 2022 and GBP40 million revolving credit facility (RCF) due June 2021 -- both of which will be borrowed by Exterion Media Holdings Limited. The outlook on the ratings is stable.
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