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04.11.2014 21:17:00
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Total Merchant Services, Inc. -- Moody's rates Total Merchant Services credit facilities and CFR at B2; outlook stable
New York, November 04, 2014 -- Moody's Investors Service, ("Moody's") rated Total Merchant Services, Inc.'s ("TMS") new First Lien Credit Facilities (Revolver and Term Loan, together the "Credit Facilities") and Corporate Family Rating ("CFR") at B2 and Probability of Default Rating ("PDR") of B3-PD. The rating outlook is stable. This is the first time that Moody's has assigned a rating to TMS's debt.
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