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Published on 1/9/2017 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Moody’s: Realogy unaffected by increased revolver

Moody's Investors Service said Realogy Group LLC's proposed increase of its senior secured revolving credit facility due 2020 by up to $185 million and its plan to reduce pricing on its senior secured term loan B due 2022 are positive liquidity developments but the Ba3 corporate family, Ba3-PD probability of default, Ba1 senior secured, B1 senior unsecured and SGL-1 speculative grade liquidity ratings, as well as the stable outlook, are unchanged at this time.


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