New Media Holdings II LLC -- Moody's says New Media's acquisition of The Columbus Dispatch assets has no immediate impact on ratings.

New York, June 04, 2015 -- Moody's Investors Service says the acquisition of The Columbus Dispatch assets will not impact the B2 Corporate Family Rating, B3-PD Probability of Default Rating, or the B2 rating assigned to the revolving credit and term loan facility of New Media Holdings II LLC. On June 3, 2015, New Media Holdings II LLC ("New Media") announced that it has entered into an agreement to acquire all of the publishing operations and assets of The Columbus Dispatch and exercised its accordion option for an incremental $25 million draw on its first lien credit facility.

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