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Published on 9/14/2010 in the Prospect News Bank Loan Daily.

Moody's: Broadlane unchanged

Moody's Investors Service said it expects repayment in full of the rated debt of the Broadlane Group, Inc., assuming the completion of the definitive purchase agreement announced by MedAssets, Inc. on Sept. 14, 2010 to acquire Broadlane.

Existing ratings of Broadlane, including the B2 corporate family rating and positive outlook are unaffected by the announcement, the agency added.

The last rating action was on Jan. 21, 2010, when the agency said it affirmed the company's B2 corporate family rating and changed the outlook to positive.


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