New York, July 23, 2015 -- Moody's Investors Service (Moody's) says the recent departure of MDC Partners Inc.'s CEO, Miles Nadal, will not impact the current B2 corporate family rating or B3 rating on the senior unsecured notes. However, the CEO and founder's departure from the firm as well as an ongoing SEC investigation have the potential to impact the ability of the firm to win new business and maintain existing clients as well as its ability to attract and retain employees. Moody's will closely follow any signs of client and employee loses to competing agencies. Elevated levels of client or employee loses have the potential to impact operating results and lead to a downgrade of the ratings as could negative actions against the company by the SEC.

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