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Published on 7/24/2012 in the Prospect News Bank Loan Daily.

Moody's: CTI view stable

Moody's Investors Service said it changed the outlook of CTI Foods Holding Co., LLC to stable from positive to reflect the expected near term tightening of its liquidity profile and increased leverage due to borrowings used to finance the acquisition of AFA Foods' Pennsylvania processing facility and other capital investments.

Concurrently, the B2 ratings on the corporate family rating, probability of default rating and the first-lien credit facility were affirmed.


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