Moody's rates CSG loan Ba1

Moody's Investors Service said it assigned a Ba1 rating to CSG Systems International Inc.'s $250 million senior secured credit facilities due 2017.

Moody's also affirmed the Ba3 corporate family and probability of default ratings and the SGL-1 speculative grade liquidity rating.

The outlook is stable.

Proceeds of the new facilities and cash will refinance the existing senior secured term loan due September 2015. This will extend the average maturity of CSG's funded debt by approximately two years.

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