Moody's: IPC extended loan B1

Moody's Investors Service said it affirmed IPC Systems, Inc.'s ratings, including its B3 corporate family rating and assigned a B1 rating to the proposed maturity extended term loan.

The outlook is stable.

Moody's said that IPC is in the process of amending and extending all or a portion of the dollar-denominated tranche of its senior secured first-lien term loans. If successful, the amendment will extend the maturity of approving lenders from May 2014 to July 2017, subject to IPC meeting certain conditions by Feb.28, 2015, otherwise the extended tranche will become due on Feb. 28, 2015.

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