Moody's affirms Emerald

Moody's Investors Service said it affirmed Emerald Performance Holding Group, LLC's B2 corporate family rating and the rating on its six-year $325 million term loan at B1.

The company is increasing the size of the first-lien term loan due 2018 by $25 million and using those proceeds and approximately $25 million from additional revolver borrowings to prepay $50 million of its second-lien term loan. The outlook is stable.

Moody's said it views the transaction in question as a mild positive for the company.

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