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Moody's rates Armor notes B1
Moody's Investors Service assigned a B1 rating to Armor Holding, Inc.'s proposed senior subordinated notes due 2016.
In addition, Moody's has confirmed Armor's Ba3 corporate family rating.
The outlook is stable.
Moody's said the rating considers the company's modest debt levels and strong financial metrics, even after taking into account the increase in debt to finance the acquisition of SVC.
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