New York, July 18, 2013 -- Moody's Investors Service assigned a B2 Corporate Family Rating and B2-PD Probability of Default Rating to KSTW Acquisition, Inc. in connection with its proposed acquisition of Steinway Musical Instruments. At the close of the transaction, KSTW Acquisition, Inc., parent of Steinway Musical Instruments will be merged into and renamed Steinway Musical Instruments ("Steinway").
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