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Published on 1/29/2010 in the Prospect News High Yield Daily.

Moody's affirms Alliant Holdings

Moody's Investors Service said it affirmed Alliant Holdings I, Inc.'s corporate family rating at B3.

The outlook is stable.

The ratings reflect the company's consistent organic growth and strong operating margins, Moody's said.

The positive factors are offset by its high financial leverage and limited fixed charge coverage, the agency said.

The outlook reflects an expectation that Alliant will gradually improve its financial flexibility over the next couple of years through moderate EBITDA growth and debt amortization, Moody's added.


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