New York, October 21, 2013 -- Moody's Investors Service assigned a B2 rating to Greeneden U.S. Holdings II, LLC.'s ("Genesys") tranche of new senior secured Term Loans due November, 2020, downgraded the Senior Secured debt to B2, and affirmed the B2 Corporate Family (CFR) and the B2-PD Probability of Default Ratings. Proceeds of the new Term Loans will be used to fund the acquisition of Echopass Corp, with the delayed drawdown portion expected to fund the call of the 12.5% Senior Notes due 2020. The outlook is stable
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