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Published on 4/10/2012 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

S&P: No change to Res-Care loan

Standard & Poor's said Res-Care Inc.'s newly completed $375 million senior secured credit facility is $25 million higher than what the agency considered in its analysis.

The agency said the increase does not affect its corporate and issue-level ratings. The recovery rating of 1 is also unchanged.


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