Moody’s could lower Allied Security

Moody's Investors Service said it placed the ratings of Allied Security Holdings LLC, including its B2 corporate family and B2-PD probability of default ratings, under review for downgrade.

The review follows the announcement by Allied's equity sponsor, Blackstone Group, that it agreed to sell Allied to Wendel SE for about $1.67 billion.

The transaction is expected to close in the third quarter of 2015.

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