Moody's: DineEquity unaffected

Moody's Investors Service said DineEquity, Inc.'s B2 corporate family and probability of default ratings, Ba2 senior secured bank ratings, B3 senior note rating and stable outlook will not be affected by the company's announcement that it will reprice its existing bank term loan.

Despite the anticipated interest expense savings from the repricing that will likely have a positive impact on interest coverage over time, leverage is expected to remain high, the agency said.

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