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Moody's lowers Decision Insight
Moody's Investors Service said it downgraded Decision Insight Information Group (US) I, Inc.'s corporate family and probability of default ratings to B3 from B2.
The company's senior secured ratings were also downgraded to B1 from Ba3.
The outlook was changed to stable from negative.
Moody's said the action was driven by Decision Insight's weaker than expected results since its leveraged-buyout by TPG Capital LP, primarily due to reduced demand for its property-related services.
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