FAIRWAY GROUP ACQ. COMPANY (DIP) -- Moody's assigns B1 rating to Fairway's DIP facilities

New York, May 10, 2016 -- Moody's Investors Service, ("Moody's") today assigned a B1 rating to the $55 million super priority senior secured term loan (DIP term loan) and the $31 million super priority senior secured revolving credit facility available for issuance of letters of credit (DIP revolver) of Fairway Group Acquisition Company (Fairway) as Debtor-in-Possession (DIP). Both DIP credit facilities mature the earliest of (i) July 29, 2016; (ii) the consummation of any sale of all or substantially all of the debtors' assets; (iii) the acceleration of the DIP Loans and the termination of the DIP commitments upon an event of default; and (iv) the effective date of a prepackaged plan.

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