New York, January 06, 2016 -- Moody's Investors Service today downgraded RCS Capital Corporation's (RCS) corporate family rating to Caa3 from Caa1, and downgraded its $575 million senior secured first lien term loan and $25 million revolving credit facility to Caa2 from Caa1. At the same time, Moody's affirmed the Ca rating on RCS' $150 million senior secured second lien term loan. The rating outlook is developing.
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