Moody's downgrades Real Mex

Moody's Investors Service said it downgraded Real Mex Restaurants, Inc.'s probability of default rating to D from Ca.

The downgrade was prompted by the company's Oct. 4 announcement that it filed for Chapter 11 bankruptcy protection, according to Moody's.

Moody's also downgraded $130 million second-lien senior secured notes due 2013 to Caa3 from Caa2.

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