Moody’s adds LD to Dynata rating

Moody's Ratings said it appended a limited default /LD designation to New Insight Holdings, Inc. (Dynata) probability of default rating to Caa3-PD/LD from Caa3-PD.

The /LD designation reflects a limited default. The lenders agreed to defer the interest payment on their second-lien term loan and a portion of interest on their first-lien term loan. Both were due in February. The limited default designation will remain until the company resolves the missed interest payments.

Dynata's corporate family rating is unchanged at Caa3. The individual debt instrument ratings on the backed senior secured first-lien bank credit facilities and backed senior secured second-lien term loan held at the borrower Research Now Group, LLC, and guaranteed by New Insight Holdings and Dynata Holdings Corp., remain unchanged at Caa2 and Ca, respectively.

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