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Published on 3/9/2012 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Moody's: Radiation Therapy unaffected

Moody's Investors Service said that Radiation Therapy Services, Inc. disclosed in its fourth quarter 2011 earnings filing that it took a $123 million impairment charge bringing the total impairments for the year to $361 million.

The impairment charge erodes the company's net worth and reduces expected future free cash flow generation but the company's B2 corporate family rating and negative outlook are currently not impacted, Moody's said.


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