27.04.2016 21:47:00

Opal Acquisition, Inc. -- Moody's downgrades Opal Acquisition, Inc.'s CFR to Caa1; rating outlook to negative

New York, April 27, 2016 -- Moody's Investors Service ("Moody's") today downgraded Opal Acquisition Inc.'s ("Opal") Corporate Family Rating (CFR) to Caa1 from B3 and Probability of Default Rating (PDR) to Caa1-PD from B3-PD. Opal is the indirect parent of One Call Medical, Inc. Moody's also downgraded the company's first lien senior secured revolving credit facility and term loan to B2 (LGD 3) from B1 (LGD 3) and senior unsecured notes to Caa3 (LGD 5) from Caa2 (LGD 5). The rating outlook is negative.

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