Moody's rates Creative Circle loans B1, Caa1

Moody's Investors Service said it assigned Creative Circle, LLC a B2 corporate family rating, a B2-PD probability of default rating and B1 and Caa1 ratings to the company's senior first-lien and second-lien credit facilities, respectively.

The outlook is stable.

Creative Circle will use the proceeds from the credit facilities to refinance existing debt, fund a distribution to its shareholders and pay transaction fees and expenses.

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