Moody's may lower WII Components

Moody's Investors Service said it placed WII Components, Inc. on review for possible downgrade to reflect the announcement that WII has entered into an agreement to be acquired by Olympus Partners for $295.5 million.

Moody's said it understands that the transaction is scheduled to close in the first quarter of 2007.

Affected ratings include the company's corporate family rating, rated B1, probability of default ratings, rated B1, and $120 million 10% senior notes due 2012, rated B2.

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