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Moody's: TransUnion notes Caa1
Moody's Investors Service said it lowered the corporate family rating of TransUnion Corp. to B2 from B1.
Concurrently, Moody's assigned a Caa1 rating to $600 million of new senior unsecured notes to be held at a holding company.
The rating on the senior secured credit facilities was raised to Ba2 from Ba3 and the B3 rating on the existing $645 million of senior unsecured notes held at the operating company was affirmed.
An SGL-2 speculative grade liquidity rating was assigned and the outlook is stable.
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